Friday, October 15, 2004
Zaandam, The Netherlands, October 15, 2004 - Ahold announced today that, in an appeal, the Amsterdam Court of Appeals dismissed on October 14, 2004 claims made by Amstel Capital Management B.V. ("ACM") against the previous judgment made by the Remedial Injunctions Section of the Amsterdam District Court.
Acting on behalf of a number of holders of bonds issued by Albert Heijn, ACM had argued that the terms and conditions of the bond issuance conferred upon them the right to inspect specified financial statements relating to Albert Heijn and had therefore demanded these be placed at their disposal.
The Amsterdam District Court had already dismissed the entire ACM filing. The Court of Appeals has now confirmed that judgment.