List of Subsidiaries and Affiliates of Royal Ahold as of December 31, 1995 Consolidated subsidiaries Unconsolidated subsidiaries and affiliates Retail Trade The Netherlands Albert Heijn bv, Zaandam Albert Heijn Franchising bv, Zaandam Ahold Specialty Stores: Gall Gall bv, I Ioofddorp Etos bv, Zaandam Jamin Winkelbedrijf bv, Oosterhout Pragmacare bv, Velp Ter I luurne's Handelsmaatschappij bv, Zaandam De Tuinen bv, Rijswijk Czech Republic Ahold Czechoslovakia bv, Zaandam Euronova K.S., Brno Ceska General Food as, Brno ZIOS as (83%), Brno Portugal Jerónimo Martins Retail sgps sa (49%), Lisbon Pingo Doce sa, Lisbon Feira Nova sa, Lisbon Funchalgest sa (45%), Madeira United States BI-LO Inc., Mauldin, SC First National Supermarkets Inc., Cleveland, OH Finast, Cleveland, OH Edwards, Windsor Locks, CT Giant Food Stores Inc., Carlisle, PA Mayfair SuperMarkets Inc., Elizabeth, NJ Tops Markets Inc., Buffalo, NY American Sales Company, Lancaster, NY Ahold Food Production The Netherlands Marvelo bv, Zaandam Meester bv; Wijhe Nistria Dieetv leeswaren bv, Moergestel Vaco bv, Zaandam Ahold Institutional Food Supply The Netherlands Grootverbruik Ahold bv, Ede Grootverbruik Ahold Export bv, Ede Food Wholesaling and Distribution The Netherlands Schuitema nv (73%), Amersfoort Real Estate The Netherlands Ahold Vastgoed bv, Zaandam Nefater bv, Zaandam United States Ahold Real Estate Company, Hartford, CT Other Ahold Nederland bv, Zaandam Ahold USA bv, Zaandam Ahold USA Inc., Parsippany, NJ (USA) Ahold Financieringsmaatschappij nv, Curasao (Netherlands Antilles) Ahold Insurance nv, Curasao (Netherlands Antilles) Ahold België nv, Brussels (Belgium) Ahold France sa, Paris (France) Ahold Retail Services ag, Klosters (Switzerland) Jerónimo Martins Retail Services sa (49%), Klosters (Switzerland) Argyll Group pic (1.3%), London (United Kingdom) Etablissements Economiques du Casino, Guichard-Perrachon Cie (2.0%), Saint-Etienne (France) European Retail Alliance sc (33 1/3%), Brussels (Belgium) I mis Paez sa (50%), Sanlucar de Barrameda (Spain) Ahold Allkauf Polen Sp. z o.o. (50%), Bielsko Biala (Poland) Mitex-Trade Sp. z o.o. (51%), Kielce (Poland) L nless otherwise indicated, these are wholly- or virtually wholly-owned subsidiaries. Subsidiaries not important to providing insight into the group as required under Dutch law are omitted from this list. With respect to the separate financial statements of the Dutch legal entities included in the consolidation we availed ourselves of the exemption laid down in sections 402 and 403, subsection 1, respectively, of Book 2 of the f glands Civil Code. Pursuant to said section 403, Ahold has issued declarations of assumption of liability for the Dutch subsidiaries forming part of the consolidation with the exception of Schuitema nv, Nefater bv Ahold Czechoslovakia bv and Ahold Polska bv. 40 Annual Report 1995 Royal Ahold

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