Anders Svensson new CEO of ICA Sverige

Solna March 19, 2009

Anders Svensson has been appointed CEO of ICA Sverige, a subsidiary of ICA AB. His most recent role was at Arla Foods in Sweden.

"This is an appointment that I am very pleased with. ICA Sverige is facing some large and exciting challenges at the moment, and in the future, and Anders Svensson is the right person to lead the companys development further," says Kenneth Bengtsson, President and CEO of ICA AB.

Until Anders Svensson takes up the position in September, Kenneth Bengtsson will continue as the Acting CEO of the ICA Sverige subsidiary.

As CEO at ICA Sverige, Anders Svensson will be joining ICAs Group Management and will be reporting directly to ICAs President and CEO Kenneth Bengtsson.

For further information, please contact: ICAs press office, tel +46 70 253 66 60

----------------------------------------------------------------------------------------------------- About ICA The ICA Group (ICA AB) is one of the Nordic regions leading retail companies, with around 2,230 of its own and retailer-owned stores in Sweden, Norway and the Baltic states. The Group includes the retail companies ICA Sverige, ICA Norge and Rimi Baltic. ICA also offers financial services to Swedish customers through ICA Banken. ICA AB is a joint venture 40% owned by Hakon Invest AB and 60% by Royal Ahold N.V. of the Netherlands. According to a shareholder agreement, Royal Ahold and Hakon Invest jointly share a controlling influence over ICA AB. Through Royal Ahold, ICA AB is part of an international retail network. For more information, please visit http://www.ica.se