Amsterdam, The Netherlands, October 17, 2005 - Ahold Finance U.S.A., LLC ("Ahold Finance") and Koninklijke Ahold N.V. ("Koninklijke Ahold" and together with Ahold Finance, the "Companies") today announced final tender spreads for their Solicitations of offers to sell up to EUR 1,000,000,000 equivalent of bonds that were launched on Tuesday 11 October 2005. The Companies will accept for purchase maximum amounts of the Notes at purchase prices based on final tender spreads to the reference bonds, all as detailed below.
The Companies have invited all eligible holders of the Notes to offer to sell such Notes to Ahold Finance and Koninklijke Ahold, respectively, upon the terms and conditions contained in the Solicitation Memorandum dated 11 October 2005. The Companies will also pay accrued and unpaid interest on those Notes accepted for purchase pursuant to the Solicitations.
If Ahold Finance receives offers to sell representing aggregate principal amounts of 2017 Notes or 2012 Notes less than the target principal amounts of GBP 250,000,000 and EUR 330,000,000, respectively, Koninklijke Ahold will increase its target principal amount in respect of the 2008 Notes. If the aggregate principal amount of Notes offered for sale pursuant to the Solicitations exceeds the aggregate principal amount of the Notes that the Companies agree to accept for purchase, then all orders will be accepted on a pro rata basis as described in the Solicitation Memorandum.
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