Hakon Invest today completed its acquisition of 50% of the shares in the online retailer inkClub in accordance with the agreement that was signed and disclosed on 19 June 2007. Hakon Invest's investment amounts to SEK 428 M. The deal was subject to the usual terms and conditions and approval from the authorities. All such conditions have now been met. Claes-Göran Sylvén, President of Hakon Invest: "Lennart Nyberg, with initially very modest resources, has succeeded in building up a highly successful and professional business in inkClub in just a few years. The Internet is an attractive sales channel and we see good potential for expansion for inkClub." Hakon Invest has appointed Mats Munther, head of business development at ICA AB, the entrepreneur Mats Hultin and Stein Petter Ski, Senior Investment Manager at Hakon Invest, as its representatives on inkClub's board. The proposed chairman is Mats Hultin. Other board members are Lennart Nyberg, Hans Nilsson and Gunnar Mattsson. inkClub is a pure-play online retailer that sells ink cartridges and other printer consumables via the Internet. The company, which was founded by Lennart Nyberg in 2000, has seen rapid growth and posted a profit since the start. inkClub currently has more than 1 million active customers in 14 European countries and in 2006 reported sales of SEK 344 M and an operating profit of SEK 41 M. This places inkClub among the leading global players in online sales of ink cartridges. Hakon Invest's investment in inkClub is being made through acquisition of existing shares for SEK 428 M in cash, which will provide an ownership stake of 50%. Following the sale, the principal owner Lennart Nyberg and his family will still own 45% of the shares with other shareholders owning 5%. The acquisition analysis of inkClub will be reported in the interim report for the third quarter of 2007. For further information, please contact: Hakon Invest, Senior Investment Manager inkClub, founder Stein Petter Ski Lennart Nyberg tel +46 8 55 33 99 44 tel +46 708 24 39 11 Hakon Invest, SVP Communication inkClub, President and CEO Anders Hallgren Fredrik Brandt tel +46 8 55 33 99 66 tel +46 708 24 39 21 This press release is not for publication or distribution in or into the US, Canda, Australia or Japan. Hakon Invest, which is listed on the Nordic Exchange Large Cap, conducts active and long-term investment operations in retail-oriented companies in the Nordic region. Hakon Invest owns 40% of ICA AB, the Nordic region's leading retail company with focus on food. In addition have holdings in Forma Publishing Group, Kjell & Company, Hemma and Cervera. Further information about Hakon Invest is available at www.hakoninvest.se.