Brussels, Belgium - On April 25, 2001, Delhaize Group (Euronext Brussels: DELB; NYSE: DEG) has increased its share capital by EUR 20,089,572.50 to EUR 46,105,435 by the issue of 40,179,145 new shares thanks to 50,223,932,006 shares of Delhaize America, Inc. Delhaize Group now fully owns the shares of its American subsidiary.
The achievement of the contribution operation needed to be approved by the shareholders of Delhaize America.
During the general extraordinary meeting held on April 25, 2001, the shareholders have approved the operation proposed by the two companies, i.e. the exchange of each share of Delhaize America that Delhaize Group did not already own for Delhaize Group shares or ADRs, according to the shareholder's preference.
The shares of Delhaize Group issued within the context of the capital increase made on April 25, 2001 are admitted at the First Market of the Brussels Stock Exchange (Euronext Brussels) since April 26, 2001.
The ADRs are listed on the New York Stock Exchange since April 26, 2001.
The leaflet relative to the admission at the First Market of the Brussels Stock Exchange, of the shares issued on the occasion of the capital increase can be obtained on request at the registered office of Delhaize 'Le Lion', rue Osseghem 53, 1080 Brussels (person to contact: G. d'Oultremont, tel: 02/412.21.51), or in the following banks: Banque Artesia, WTC Tour 1, boulevard du Roi Albert II, 30 (bte 2), 1000 Brussels (P. Gancedo, tel: 02/204.44.89) and BBL, avenue Marnix 24, 1000 Brussels (Securities Documentation, tel: 02/547.74.91).
DELHAIZE GROUP
Delhaize Group is a food retailer headquartered in Belgium and listed on Euronext Brussels and the New York Stock Exchange. At the end of 2000, Delhaize Group's sales network consisted of 2,310 stores in 10 countries on 3 continents. In 2000, Delhaize Group achieved sales of EUR 18.2 billion and a net profit of EUR 160.7 million. Delhaize Group employs 152,000 persons. For more information, visit www.delhaizegroup.com.