Asda

LONDON, May 27, 2010 - - Agreement offers significant customer benefits on price, quality, range and service - Significant step forward in strategic ambition to grow Asda's supermarkets division - Asda set to employ up to twice as many colleagues in each of the converted stores - UK Netto stores expected to trade under an Asda fascia by Summer 2011 - Netto to focus on growth in Scandinavia and Northern Europe - Agreement subject to regulatory approval Asda today (27th May 2010) announced it had reached agreement with Dansk Supermarked A/S to purchase its fully owned subsidiary, Netto Foodstores Limited.