Press Release
[Graphic omitted] Ahold

                                                                Royal Ahold
                                                                Public Relations

                                                         Date:  July 1, 2003
                                         For more information:  +31 75 659 57 20

Ahold announces completion of all internal
forensic accounting investigations

2002 audit work underway

Zaandam, The Netherlands, July 1, 2003 - Ahold announced today that all internal
forensic accounting investigations at Ahold, its subsidiaries and its joint
ventures have been completed. The forensic accountants have identified, for
review by Ahold management and the Audit Committee of the Supervisory Board, an
approximately additional Euro 73 million of intentional accounting
irregularities related to improper purchase accounting. Ahold may be required to
reduce pre-tax earnings by this additional amount.

The Euro 73 million excludes the pre-tax earnings reductions of an expected USD
856 million (compared to approximately USD 880 million previously announced)
related to U.S. Foodservice and approximately USD 29 million principally related
to Tops Markets in the U.S., also previously announced. This amount also
excludes a reduction of pre-tax earnings of approximately Euro 8 million related
to Disco S.A. The investigation at Disco has identified questionable
transactions, including inaccurate documentation, and control weaknesses.

The investigations confirmed or identified for management review various other
accounting issues and internal control weaknesses. Ahold management and the
Audit Committee are studying the findings to assess whether additional
adjustments may be required to correct any accounting errors, and to identify
needed improvements in controls and procedures at relevant companies.

In total, all of the forensic accounting investigations found approximately Euro
970 million of accounting irregularities that may require adjustments in the
year 2002 and restatements in one or more prior years.

                                                  Albert Heijnweg 1, Zaandam
                                                  P.O. Box 3050, 1500 HB Zaandam
                                                  The Netherlands
                                                  Phone:  +31 (0)75 659 5720
                                                  Fax:    +31 (0)75 659 8302

http://www.ahold.com

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A task force reporting to the Audit Committee has been created consisting of
members of Ahold management and outside advisors. Ahold's Internal Audit
function, reporting directly to the CEO as well as to the Audit Committee, will
play a central role in this task force. The task force will address the various
accounting practices and internal control weaknesses raised, or confirmed, as a
result of the investigations, and will oversee implementation of required
changes. It is expected that these required changes will be implemented by the
end of 2003. In addition, Ahold has made, or is in the process of making,
personnel changes involving U.S. Foodservice, Disco, Tops and the Ahold parent
company.

As previously announced, although the forensic accounting work at U.S.
Foodservice has been completed, the internal legal investigation at U.S.
Foodservice is continuing.

With respect to the status of the Ahold 2002 audit, Ahold announced that its
auditors at all of the company's operations have resumed audit work. Management
is working closely with its auditors to expedite completion of the audit of
Ahold's 2002 consolidated financial statements. Under its Euro 2.65 billion
credit facility, Ahold is required to deliver its audited consolidated 2002
financial statements by August 15, 2003 to the syndicate of the banks involved.

Ahold is filing a Notification of Late Filing with the U.S. Securities and
Exchange Commission relating to its Form 20-F for the fiscal year ended December
29, 2002. Ahold's Form 20-F would otherwise have been due on June 30, 2003.
Ahold currently expects to file its Annual Report on Form 20-F for fiscal year
2002 as soon as possible after completion of the audit of its fiscal year 2002
consolidated financial statements.

Ahold Corporate Communications: +31.75,659.57.20

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Certain statements in this press release are "forward-looking statements" within
the meaning of U.S. federal securities laws. Ahold intends that these statements
be covered by the safe harbors created under these laws. The forward-looking
statements include, but are not limited to, estimations as to amounts of
adjustments for accounting irregularities and the possible impact of adjustments
on pre-tax earnings, the timing of the implementation of changes to accounting
practices and internal controls, and expectations as to the timing of the
completion of the audit of Ahold's fiscal year 2002 consolidated financial
statements and Ahold's Annual Report on Form 20-F for the fiscal year ended
December 29, 2002. These forward-looking statements are subject to risks,
uncertainties and other factors that could cause actual results to differ
materially from future results expressed or implied by the forward-looking
statements. Important factors that could cause actual results to differ
materially from the information set forth in these forward-looking statements
include, but are not limited to, the timing and impact of final determinations
regarding required accounting adjustments and changes to accounting policies and
internal controls, possible delays in, and the timing of the completion of the
2002 audit and Ahold's Annual Report on Form 20-F for the fiseal year ended
December 29, 2002, and other factors and events discussed in Ahold's public
filings. Many of these factors are beyond Ahold's ability to control or predict.
Given these uncertainties, readers are cautioned not to place undue reliance on
the forward-looking statements, which only speak as of the date of this press
release. Ahold does not undertake any obligation to release publicly any
revisions to these forward-looking statements to reflect events or circumstances
after the date of this press release or to reflect the occurrence of
unanticipated events, except as may be required under applicable securities
laws.
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