ZAANDAM, The Netherlands, Dec. 20, 2002 (PRIMEZONE) -- Ahold (NYSE:AHO) today announced that President & CEO Cees van der Hoeven has decided to withdraw from the Supervisory Boards of ABN Amro N.V. and Royal KPN N.V. with effect from the upcoming Annual General Meetings of Shareholders of April 29th, 2003 and May 12th, 2003 respectively.
In connection with these withdrawals, Cees van der Hoeven commented as follows: "Because of Ahold's ambitious plans for the coming years I have decided to give my undivided attention to the company and reduce my other activities to the minimum. I have been very honored to serve for many years on the Supervisory Boards of two great companies."
Van der Hoeven was appointed member of the Supervisory Board of ABN Amro in 1997 and has been a member of the Supervisory Board of Royal KPN since 1998.