Delhaize Group Announces the Results of its Tender Offer on the
Shares of Alfa-Beta Vassilopoulos>
Delhaize Group Announces the Results of its Tender Offer on the Shares of Alfa-Beta Vassilopoulos
(Thomson Reuters ONE) - BRUSSELS, Belgium - July 13, 2009 - Delhaize Group (EuronextBrussels: DELB - NYSE: DEG), the Belgian international food retailer,announced today that it will hold, through its wholly-ownedsubsidiary Delhaize "The Lion" Nederland B.V. ("Delned"), a 89.56%interest in its Greek subsidiary Alfa-Beta Vassilopoulos("Alfa-Beta") upon settlement of the tender offer launched onAlfa-Beta's shares on May 18, 2009. Prior to the tender offerDelhaize Group owned 8 310 614 shares or 65.27% of the voting rightsof Alfa-Beta.Pierre-Olivier Beckers, President and CEO of Delhaize Group,commented: "We are more than happy with the success of the tenderoffer during which we could increase our shareholding by almost 25%.These results give Delhaize Group the necessary flexibility for itsplans for the future of Alfa-Beta."On May 18, 2009, Delhaize Group announced that Delned had filed withthe Hellenic Capital Market Commission ("CMC") a voluntary tenderoffer for all the outstanding shares of Alfa-Beta not owned by Delnedat a price of EUR 30.50 per Alfa-Beta share. On June 29, 2009, theoffer price was increased to EUR 34.00 per share.During the acceptance period, which started on June 12, 2009 andended on July 9, 2009, shareholders of Alfa-Beta tendered 2 680 324shares in total, representing approximately 21.05% of the Alfa-Beta'svoting rights. In addition, from the date of the tender offer untilthe end of the acceptance period, Delned purchased through the AthensExchange 406 519 shares representing approximately 3.19% ofAlfa-Beta's voting rights. Since the end of the acceptance period,Delned has bought an additional 5 981 shares. As a result, uponsettlement of such purchases, Delhaize Group, through itswholly-owned subsidiary Delned, will hold 11 403 438 sharesrepresenting approximately 89.56% of Alfa-Beta's voting rights.All Alfa-Beta shares validly tendered before the end of theacceptance period will be entitled to receive the increased tenderoffer price of EUR 34.00 per share (minus applicable taxes). Thepayment of the tender price to holders who have validly tenderedtheir shares will begin on July 17, 2009.Please consult the website of the Athens Exchange (www.athex.gr) forthe formal announcement regarding the results of the tender offer.Alfa-Beta is a Greek food retail company which was established in1969. At the end of the first quarter of 2009, Alfa-Beta's salesnetwork consisted of 199 stores (of which 151 company-operated, 38affiliated stores and 10 Cash-and-Carry stores). In 2008, Alfa-Beta'sconsolidated revenues amounted to approximately EUR 1 337 million andits net consolidated profit to approximately EUR 32.7 million. At theend of 2008, Alfa-Beta employed 7 612 people. Alfa-Beta has beenlisted on the Athens Exchange (BASIK) since 1990.Delhaize Group is a Belgian food retailer present in six countries onthree continents. At the end of the first quarter of 2009, DelhaizeGroup's sales network consisted of 2 670 stores. In 2008, DelhaizeGroup posted EUR 19 billion in revenues and EUR 467 million in netprofit (Group share). At the end of 2008, Delhaize Group employedapproximately 141 000 people. Delhaize Group's stock is listed onEuronext Brussels (DELB) and the New York Stock Exchange (DEG).This press release is available in English, French and Dutch. You canalso find it on the website http://www.delhaizegroup.com. Questionscan be sent to investor(at)delhaizegroup.com.» DisclaimersThis press release is not an offer to purchase any of Alfa-Beta'scommon registered shares. The tender offer referred to above wasmade pursuant to the terms of an information circular as revised byDelned's announcement of the increased offer price.» ContactsGuy Elewaut: + 32 2 412 29 48 Amy Shue (U.S. investors):+1 704 633 8250 (ext.2529)Geert Verellen: + 32 2 412 83 62 Barbera Hoppenbrouwers(media): + 32 2 412 86 69Aurélie Bultynck: + 32 2 412 83 61 cautionary note regarding forward looking statementsStatements that are included or incorporated by reference in thispress release and other written and oral statements made from time totime by Delhaize Group and its representatives, other than statementsof historical fact, which address activities, events and developmentsthat Delhaize Group expects or anticipates will or may occur in thefuture, including, without limitation, statements about strategicoptions, future strategies and the anticipated benefits of thesestrategies, are "forward-looking statements" within the meaning ofthe U.S. federal securities laws that are subject to risks anduncertainties. These forward-looking statements generally can beidentified as statements that include phrases such as "guidance","outlook", "projected", "believe", "target", "predict", "estimate","forecast", "strategy", "may", "goal", "expect", "anticipate","intend", "plan", "foresee", "likely", "will", "should" or othersimilar words or phrases. Although such statements are based oncurrent information, actual outcomes and results may differmaterially from those projected depending upon a variety of factors,including, but not limited to, changes in the general economy or themarkets of Delhaize Group, in consumer spending, in inflation orcurrency exchange rates or in legislation or regulation; competitivefactors; adverse determination with respect to claims; inability totimely develop, remodel, integrate or convert stores; and supply orquality control problems with vendors. Additional risks anduncertainties that could cause actual results to differ materiallyfrom those stated or implied by such forward-looking statements aredescribed in Delhaize Group's most recent Annual Report on Form 20-Fand other filings made by Delhaize Group with the U.S. Securities andExchange Commission, which risk factors are incorporated herein byreference. Delhaize Group disclaims any obligation to updatedevelopments of these risk factors or to announce publicly anyrevision to any of the forward-looking statements contained in thisrelease, or to make corrections to reflect future events ordevelopments.http://hugin.info/133961/R/1328537/313243.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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" alt="Net Asset Value(s)>">Datum: 13.07.2009 - 16:45 Uhr
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