SOURCE: Ahold NV

November 05, 2007 02:45 ET

Ahold Update on share buyback program

AMSTERDAM, NETHERLANDS--(Marketwire - November 5, 2007) -



Amsterdam, the Netherlands - Ahold today announced that it has repurchased 8,522,426 of its own common shares in the period from October 29, 2007 up to and including November 2, 2007. Shares were repurchased at an average price of EUR 10.2487 per share for a total amount of EUR 87.34 million. These repurchases were made as part of the EUR 1 billion share buyback program announced on August 30, 2007.

The total number of shares repurchased under this program to date is 80,358,055 common shares for a total consideration of EUR 841.4 million.

Ahold Press Office: +31 (0)20 509 5343


Forward-looking statements notice

Certain statements in this press release are forward-looking statements within the meaning of the U.S. federal securities laws. These statements include, but are not limited to, statements as to Ahold's expectations as to the maximum amount of the share buyback program. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including the future market prices for Ahold's shares. Many of these risks and uncertainties relate to factors that are beyond Ahold's ability to control or estimate precisely. Many of these risk factors are detailed in Ahold's publicly filed reports. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Ahold does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release, except as may be required by applicable securities laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of "Royal Ahold" or simply "Ahold."





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