Ahold adjusts conversion price of convertible subordinated notes


Zaandam, The Netherlands, June 13, 2002 - Ahold, the international food retail and foodservice company, today announced the adjustment of the conversion price of its 3% convertible subordinated notes due 2003 and its 4% convertible subordinated notes due 2005.

The adjustment is caused by Ahold's 2001 final dividend payment.

The conversion price of the 3% convertible subordinated notes due 2003 was adjusted to Euro 26.80, down from Euro 27.02 per common share of Euro 0.25 par value.

The conversion price of the 4% convertible subordinated notes due 2005 was adjusted to Euro 31.56, down from Euro 31.82 per common share of Euro 0.25 par value.
 
Ahold is a multi-local food retail and foodservice company serving 40 million customers in 28 countries every week.

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