Ahold greenshoe options exercised

Thursday, May 18, 2000

On behalf of the syndicate, Ahold, the food provider, announces that the greenshoe options to cover overallotments with respect to the combined offering of common shares and subordinated convertible notes, have been exercised.

The transaction size of the offering of the common shares will increase by 13,950,000 shares (Euro 362,700,000) to a total of 106,950,000 shares (Euro 2,780,700,000).

The transaction size of the offering of subordinated convertible notes will increase by an amount of Euro 120 million to a total of Euro 920 million.

The total proceeds of the offering after the exercise of the greenshoe options will be Euro 3,7 billion.

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