Zaandam, The Netherlands, June 25, 2001 - Royal Ahold, the international food retail and foodservice company, today announced the adjustment of the conversion price of its convertible subordinated notes.
The conversion price of the 3% convertible subordinated notes due 2003 is Euro 27.37, down from Euro 27.82 per common share of Euro 0.25 par value.
The conversion price of the 4% convertible subordinated notes due 2005 is Euro 32.21, down from Euro 32.74 per common share of Euro 0.25 par value.
The adjustments are a result of the election of certain holders of Ahold's common shares to receive their 2000 final dividend in the form of common shares in lieu of Euro 0.45 per common share in cash.