Delhaize Group Begins Trading on New York Stock Exchange

Largest Belgian Company Lists American Depositary Receipts



Apr 26, 2001, 01:00 ET from Delhaize America, Inc.

    NEW YORK, April 26 /PRNewswire/ --
     Pierre-Olivier Beckers, President and Chief Executive Officer of
 Delhaize Group (Euronext Brussels: DELB, NYSE:   DEG), a 134-year old
 international food retailer, rang the opening bell at the New York Stock
 Exchange today as the company launched its American Depositary Receipt (ADR)
 program under the symbol "DEG".  With this ADR program Delhaize Group will be
 the only Belgian company currently listed on the New York Stock Exchange.
     95% of Class A Delhaize America shareholders and more than 93% of Class B
 shareholders casting ballots yesterday approved a share exchange with Delhaize
 Group.  Delhaize Group exchanged all outstanding shares that it did not
 already own of Salisbury, N.C.-based Delhaize America for Delhaize Group
 ordinary shares or ADRs.  Before the share exchange, Delhaize Group owned
 approximately 37% of Delhaize America's Class A common stock and approximately
 56% of Delhaize America's Class B common stock.  Delhaize Group has been
 Delhaize America's largest shareholder for more than a quarter-century since
 it acquired in 1976 a controlling interest in Food Town Stores (later renamed
 Food Lion and then Delhaize America).  Until April 25, 2001, shares of
 Delhaize America common stock were listed on the New York Stock Exchange.
     Delhaize America is the fifth largest U.S. supermarket operator.  At the
 end of 2000, Delhaize America operated 1,420 supermarkets under the leading
 banners Food Lion, Hannaford and Kash n' Karry in 16 states in the eastern
 United States.  In 2000, Delhaize America's sales totaled USD 12.7 billion,
 representing 75.6 percent of Delhaize Group's revenue, while 16.4 percent of
 Delhaize Group's sales came from Belgian operations, and 8.0 percent from
 other regions globally. Delhaize America currently employs more than 120,000
 associates.
     "The NYSE listing fits perfectly in our strategy of positioning Delhaize
 Group as an attractive investment by providing an easier way for investors to
 participate in our future development," said Pierre-Olivier Beckers. "It will
 allow to better align Delhaize Group's shareholder base with its significant
 U.S. activities, while also enabling the former Delhaize America shareholders
 to trade their Delhaize Group stock on a U.S. stock exchange.  The NYSE
 listing is the next step in the systematic transformation of the company,
 after reinforcing the U.S. presence through the acquisition of Hannaford
 Bros., increasing our strong profitability, accelerating the international
 expansion into high potential markets, and streamlining the organizational and
 capital structure."
     In the past 18 months, Delhaize Group and its global subsidiaries have
 acquired a controlling stake or full ownership of the following: Hannaford
 Bros. in the United States, Food Lion in Thailand, Mega Image in Romania,
 Trofo in Greece, as well as home-delivery service Caddy-Home in Belgium.
 Delhaize Group now operates in ten countries on three continents.
     "The exchange is privileged to welcome Delhaize Group, truly one of the
 great names in the international food retail industry, to our family of listed
 companies", said Dick Grasso, New York Stock Exchange Chairman and CEO.  "In
 choosing to list on the NYSE, Delhaize Group will provide its international
 shareholders the efficiency, depth and technology of the world's leading
 equities market.  We have been very proud of our long-standing relationship
 with Delhaize America and look forward to growing our partnership with
 Delhaize Group in the years ahead."
     ADRs are a popular method of investing in non-U.S. companies for investors
 wanting to diversify their portfolios internationally.  One Delhaize Group ADR
 represents one Delhaize Group ordinary share, which is traded on Euronext
 Brussels under the symbol "DELB."  The Bank of New York acts as the depositary
 bank for the level III ADR program, and Walter N. Frank & Company is the
 company's specialist.
     Delhaize Group is part of the BEL20 index, the leading index of Euronext
 Brussels encompassing the 20 Belgian companies with the highest market
 capitalization.  The company is also a component of Euronext 100, the most
 significant index of Euronext (the merged stock exchanges of Paris, Amsterdam,
 and Brussels), and the pan-European Dow Jones Stoxx Euro index.  Information
 on Delhaize Group shares is available on Bloomberg under the symbol DEHT BB
 and on Reuters under the symbol DELBt.BR.
 
     About 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 ten countries on
 three continents.  In 2000, Delhaize Group achieved sales of EUR 18.2 billion
 (USD 16.8 billion) and net earnings of EUR 160.7 million (USD 148.1 million).
 Delhaize Group employs approximately 152,000 persons.
     For more information, visit the Delhaize Group web site at
 www.delhaizegroup.com.  The press release is available in English, French and
 Dutch.  It is accompanied by a photo of the listing, which is available at:
 http://www.delhaizegroup.com/public/en/new/index.asp.  Questions can be
 e-mailed to investor@delhaizegroup.com.
     This press release is not an offer or the solicitation of an offer to
 acquire any securities of Delhaize Group and no such offer or solicitation
 will be made except in compliance with applicable securities law.
     Certain statements contained in the press release and related statements
 by management may be deemed to be forward-looking statements.  These forward-
 looking statements involve a number of risks and uncertainties, including
 those described in Delhaize Group's filings with the Securities and Exchange
 Commission and specifically including the risk that the trading market for
 Delhaize Group's ADRs will not be as active as hoped or reach prices that are
 desired.  Delhaize Group undertakes no obligation to update this forward-
 looking information except as required by law.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X65913592
 
 

SOURCE Delhaize America, Inc.
    NEW YORK, April 26 /PRNewswire/ --
     Pierre-Olivier Beckers, President and Chief Executive Officer of
 Delhaize Group (Euronext Brussels: DELB, NYSE:   DEG), a 134-year old
 international food retailer, rang the opening bell at the New York Stock
 Exchange today as the company launched its American Depositary Receipt (ADR)
 program under the symbol "DEG".  With this ADR program Delhaize Group will be
 the only Belgian company currently listed on the New York Stock Exchange.
     95% of Class A Delhaize America shareholders and more than 93% of Class B
 shareholders casting ballots yesterday approved a share exchange with Delhaize
 Group.  Delhaize Group exchanged all outstanding shares that it did not
 already own of Salisbury, N.C.-based Delhaize America for Delhaize Group
 ordinary shares or ADRs.  Before the share exchange, Delhaize Group owned
 approximately 37% of Delhaize America's Class A common stock and approximately
 56% of Delhaize America's Class B common stock.  Delhaize Group has been
 Delhaize America's largest shareholder for more than a quarter-century since
 it acquired in 1976 a controlling interest in Food Town Stores (later renamed
 Food Lion and then Delhaize America).  Until April 25, 2001, shares of
 Delhaize America common stock were listed on the New York Stock Exchange.
     Delhaize America is the fifth largest U.S. supermarket operator.  At the
 end of 2000, Delhaize America operated 1,420 supermarkets under the leading
 banners Food Lion, Hannaford and Kash n' Karry in 16 states in the eastern
 United States.  In 2000, Delhaize America's sales totaled USD 12.7 billion,
 representing 75.6 percent of Delhaize Group's revenue, while 16.4 percent of
 Delhaize Group's sales came from Belgian operations, and 8.0 percent from
 other regions globally. Delhaize America currently employs more than 120,000
 associates.
     "The NYSE listing fits perfectly in our strategy of positioning Delhaize
 Group as an attractive investment by providing an easier way for investors to
 participate in our future development," said Pierre-Olivier Beckers. "It will
 allow to better align Delhaize Group's shareholder base with its significant
 U.S. activities, while also enabling the former Delhaize America shareholders
 to trade their Delhaize Group stock on a U.S. stock exchange.  The NYSE
 listing is the next step in the systematic transformation of the company,
 after reinforcing the U.S. presence through the acquisition of Hannaford
 Bros., increasing our strong profitability, accelerating the international
 expansion into high potential markets, and streamlining the organizational and
 capital structure."
     In the past 18 months, Delhaize Group and its global subsidiaries have
 acquired a controlling stake or full ownership of the following: Hannaford
 Bros. in the United States, Food Lion in Thailand, Mega Image in Romania,
 Trofo in Greece, as well as home-delivery service Caddy-Home in Belgium.
 Delhaize Group now operates in ten countries on three continents.
     "The exchange is privileged to welcome Delhaize Group, truly one of the
 great names in the international food retail industry, to our family of listed
 companies", said Dick Grasso, New York Stock Exchange Chairman and CEO.  "In
 choosing to list on the NYSE, Delhaize Group will provide its international
 shareholders the efficiency, depth and technology of the world's leading
 equities market.  We have been very proud of our long-standing relationship
 with Delhaize America and look forward to growing our partnership with
 Delhaize Group in the years ahead."
     ADRs are a popular method of investing in non-U.S. companies for investors
 wanting to diversify their portfolios internationally.  One Delhaize Group ADR
 represents one Delhaize Group ordinary share, which is traded on Euronext
 Brussels under the symbol "DELB."  The Bank of New York acts as the depositary
 bank for the level III ADR program, and Walter N. Frank & Company is the
 company's specialist.
     Delhaize Group is part of the BEL20 index, the leading index of Euronext
 Brussels encompassing the 20 Belgian companies with the highest market
 capitalization.  The company is also a component of Euronext 100, the most
 significant index of Euronext (the merged stock exchanges of Paris, Amsterdam,
 and Brussels), and the pan-European Dow Jones Stoxx Euro index.  Information
 on Delhaize Group shares is available on Bloomberg under the symbol DEHT BB
 and on Reuters under the symbol DELBt.BR.
 
     About 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 ten countries on
 three continents.  In 2000, Delhaize Group achieved sales of EUR 18.2 billion
 (USD 16.8 billion) and net earnings of EUR 160.7 million (USD 148.1 million).
 Delhaize Group employs approximately 152,000 persons.
     For more information, visit the Delhaize Group web site at
 www.delhaizegroup.com.  The press release is available in English, French and
 Dutch.  It is accompanied by a photo of the listing, which is available at:
 http://www.delhaizegroup.com/public/en/new/index.asp.  Questions can be
 e-mailed to investor@delhaizegroup.com.
     This press release is not an offer or the solicitation of an offer to
 acquire any securities of Delhaize Group and no such offer or solicitation
 will be made except in compliance with applicable securities law.
     Certain statements contained in the press release and related statements
 by management may be deemed to be forward-looking statements.  These forward-
 looking statements involve a number of risks and uncertainties, including
 those described in Delhaize Group's filings with the Securities and Exchange
 Commission and specifically including the risk that the trading market for
 Delhaize Group's ADRs will not be as active as hoped or reach prices that are
 desired.  Delhaize Group undertakes no obligation to update this forward-
 looking information except as required by law.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X65913592
 
 SOURCE  Delhaize America, Inc.