Zaandam, The Netherlands, April 15, 2004 - Ahold today announced its intention to call its 4% Convertible Subordinated Notes due 2005 in the aggregate principal amount of EUR 920 million on or about June 2, 2004. All outstanding Notes will be redeemed at 100.00% of their principal amount, together with accrued interest and unpaid interest to the date of redemption, in accordance with the indenture and the supplemental indenture governing the Convertible Notes. The holders of the Convertible Notes will be given formal notice of the proposed early redemption shortly.
