4 Ahold at a glance 6 Financial highlights 8 Key 1999 retail figures 10 Message from the Corporate Executive Board Ahold Operations Report 16 United States 22 Europe 28 Latin America 31 Asia 34 Ahold associates 37 Corporate citizenship 40 Outlook 2000 42 Report of the Supervisory Board 44 Financial review 50 Ahold financials 73 Additional information 78 Investor relations 80 Ten-year comparative summary 82 Ahold board and management 84 Brands of Ahold The Royal Ahold 1999 Annual Report is available in Dutch and English. Should different interpretations arise, the Dutch version prevails. The figures given in US dollars (USD) are provided solely for reader convenience and do not form part of the full audited accounts of the company. Royal Ahold Annual Report 1999

Jaarverslagen | 1999 | | pagina 22