Axfood Main Partner of Save the Children

Regulatory News:

Axfood (STO:AXFO) is taking its partnership with Save the Children to a new level, becoming one of the organisation’s main partners from spring 2010. Donations will primarily be focused on educational projects for children in countries hit hard by conflict.

"Becoming one of Save the Children’s main partners shows our long-term commitment. We support the charity’s crucial work in protecting the right of children to enjoy a safe education through the campaign Rewrite the Future in Ivory Coast,” explains Camilla Weiner, Head of Corporate Communications at Axfood.

Activities will be taking place in each of Axfood’s store chains throughout the year.

"We are extremely pleased and proud to see our collaboration with Axfood develop, as they become one of our main partners. This means that we can help even more children gain access to good, safe schooling in Ivory Coast, which is fantastic, since there is still a considerable need in this area,” comments Elisabeth Dahlin, Secretary General of Save the Children in Sweden.

Save the Children’s other main partners are Accenture, Santa Maria, SAS, If, Swedbank Robur, Swedbank, IKEA and Svenska Postkodlotteriet.

Axfood AB conducts food retail and wholesale business in Sweden. Retail business is conducted through the wholly owned store chains Willys, Hemköp and PrisXtra, comprising 225 stores in all. In addition, Axfood collaborates with a number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp and Willys chains as well as stores run under the Handlar’n and Tempo profiles. In all, Axfood collaborates with approximately 840 proprietor-run stores. Wholesaling is conducted through Dagab and Axfood Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list. Axel Johnson AB is the principal owner, with approximately 46% of the shares.

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