April 23, 2008 12:35 ET

Ahold shareholders adopt 2007 financial statements

AMSTERDAM, NETHERLANDS--(Marketwire - April 23, 2008) - Ahold today held its Annual General Meeting (AGM) of Shareholders at het Muziekgebouw aan 't IJ, Amsterdam, the Netherlands. The meeting was attended by 257 shareholders, representing approximately 851 million shares.

Shareholders adopted Ahold's 2007 financial statements and determined the dividend over 2007 at EUR 0.16 per common share, to be paid on May 13, 2008.

Furthermore the AGM adopted the following resolutions:

  * Discharge of liability of the members of the Corporate Executive
  * Discharge of liability of the members of the Supervisory Board
  * Appointment of Mrs. K. Ross.
  * Re-appointment of Mr. P.N. Wakkie.
  * Re-appointment of Mr. R. Dahan.
  * Re-appointment of Mrs. K.M.A. de Segundo.
  * Appointment of Mr. M.G. McGrath.
  * Appointment of Deloitte Accountants B.V. for financial year 2008.
  * Approval to publish regulated information exclusively in the
    English language
  * Authorization to issue shares
  * Authorization to restrict or exclude pre-emptive rights
  * Authorization to acquire shares

The AGM did not adopt agenda item 14, the proposal to amend the Articles of Association.

Ahold Press Office: +31 (0)20 509 5291

Cautionary notice

This press release includes forward-looking statements, which do not refer to historical facts but refer to expectations based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those included in such statements. These forward-looking statements include statements as to the payment of dividend. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Ahold's ability to control or estimate precisely, such as discussed in Ahold's public filings. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Koninklijke Ahold N.V. does not assume any obligation to update any public information or forward-looking statements in this release to reflect subsequent events or circumstances, except as may be required by securities laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of "Royal Ahold" or simply "Ahold".

Copyright © Hugin AS 2008. All rights reserved.

Contact Information

  • Ahold Press Office:
    +31 (0)20 509 5291