Press Release                           Ahold settles securities
     Press Conference to be held             class action in the United
     today at 10.30 CET at                   States and litigation with
     Amstel Hotel, Amsterdam                 the Vereniging van
                                             Effectenbezitters (VEB)

                                             Ahold takes Q3 2005
                                             charge after-tax of EUR 585
                                             million (excluding
                                             insurance proceeds)

Amsterdam, The Netherlands, November 28, 2005 - Koninklijke Ahold N.V. (`Ahold")
announced today that it has reached an agreement with the lead plaintiffs to
settle the securities class action entitled "In re Royal Ahold N.V. Securities &
ERISA Litigation", which is pending before the United States District Court for
the District of Maryland, located in Baltimore, Maryland.

Ahold also today announced that it has reached an agreement to settle litigation
with the Vereniging van Effectenbezitters (VEB) (Dutch Shareholders'
Association).

Under the terms of the agreement in the securities class action, the lead
plaintiffs in the securities class action agree to settle all claims against
Ahold in the securities class action for the sum of USD 1.1 billion (EUR 945
million). The settlement covers Ahold, its subsidiaries and affiliates, the
individual defendants and the underwriters.

The settlement is worldwide and applies to all qualifying common shares of
Ahold. The term "qualifying shares" refers to all those common shares which were
purchased between July 30,1999 and February 23, 2003. According to preliminary
calculations made by Ahold, the settlement amount, after deduction of
plaintiffs' attorneys' fees, compensation in the amount of USD 9 million (EUR
7.5 million) to (an entity designated by) the VEB for facilitating the global
settlement and administrative expenses, would yield a pre-tax amount of
approximately USD 1.00 to 1.30 per qualifying share (EUR 0.90 to 1.15). US and
non-US holders of qualifying shares will be treated equally under the agreement.

Ahold will contribute to the settlement fund, from which the qualifying shares
will be paid, in two instalments: two thirds of the settlement amount will be
funded into escrow within three business days following preliminary court
approval of the settlement by the District Court of the District of Maryland,
which is expected as early as January 2006, and the remaining one third will be
funded into escrow within six months following final court approval o the
settlement.

The agreement will be subject to approval of the District Court of the District
of Maryland.

If holders of more than 180 million shares opt out of the settlement (i.e. do
not wish to be bound by the settlement), then Ahold will have the right to
terminate the agreement and recover the funds paid, other than those amounts
spent on notice of the settlement.

                                                                         2005045

[Graphic omitted] Ahold

www.ahold.com

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Under the terms of the agreement between the VEB and Ahold, the VEB has agreed
to terminate the proceedings before the Enterprise Chamber of the Amsterdam
Court of Appeals with respect to the annual financial statements of the Company
for the years 1998, 1999, 2000, 2001 and 2002. In consideration of the
withdrawal of such proceedings and as compensation of costs incurred, Ahold
shall pay the VEB an amount of EUR 2.5 million.

In addition, as part of its commitment to contribute to and facilitate the
global settlement, the VEB has agreed that following the publication of the
report by the investigators in the so-called inquiry proceedings before the
Enterprise Chamber of the Amsterdam Court of Appeals, it will not pursue any
further legal action in those proceedings and it will not commence or support a
proceeding for damages in any court.

Ahold will recognize a provision in the amount of EUR 896 million in the third
quarter of 2005, resulting in an after-tax charge in the amount of EUR 585
million in the third quarter. Ahold expects to receive an amount of
approximately EUR 100 million from insurance proceeds. This amount will not be
recognized in the third quarter of 2005. Ahold will be funding its contribution
to the settlement fund out of its available cash balances.

Commenting on the settlements, Peter Wakkie, member of the Ahold Executive Board
and Chief Corporate Governance Counsel, said:

"We are pleased to have reached these settlements covering all qualifying shares
worldwide on an equal basis. We have attempted to make fair restitution without
endangering the continuity of the Company or its business strategy for the
coming years. We will avoid lengthy, costly and time-consuming litigation. These
are the last material civil litigations with significant financial exposure
arising out of the facts disclosed in our press release of February 24, 2003.
The Company can now move forward and focus entirely on its business."

Ahold Press Office: +31 (0)20 509 5343

Ahold today organizes a press conference at 10.30 CET re. this press release.
The press conference will be held at the Amstel Hotel in Amsterdam, Professor
Tulpplein 1, 1018 GX Amsterdam, phone: 020-6226060.

Forward-looking statement notice
Certain statements in this press release are "forward-looking statements" within
the meaning of U.S. federal securities laws. These forward-looking statements
include, but are not limited to, statements regarding expectations with respect
to the settlement of the securities class action, including the expected amount
of the settlement, the expected payment to the VEB, the expected yield per
qualifying share after certain deductions, the expected amount of such
deductions, the expected schedule for Ahold's contributions to the settlement
fund and the expected timing of the preliminary court approval of the
settlement; statements regarding the expected amount of the Ahold's provision,
the timing thereof and the expected resulting reduction in Ahold's third quarter
2005 net result; statements regarding the amount expected from insurance
proceeds and the expected source of Ahold's contributions to the settlement
fund; statements regarding the agreement with the VEB, including the expectation
that the VEB will neither pursue further legal action in the so-called inquiry
proceedings nor commence or support a proceeding for damages on the basis of the
report of the investigators; statements that the settlements are not expected to
endanger Ahold's continuity or its business strategy; statements regarding the
expectation of avoiding lengthy, costly and time-consuming litigation; and
statements that the matters settled are the last material civil litigations with
significant financial exposure arising out of the facts disclosed in Ahold's
press release of February 24, 2003. These forward-looking statements are subject
to risks, uncertainties and other factors that could cause actual results to
differ materially from the 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 the forward-looking
statements include, but are not limited to, the risks that the settlement will
not be approved by the court, that any court approval will be successfully
reversed on appeal, Ahold's ability to defend itself, actions of courts,
government regulators and law enforcement agencies, the preparation of
settlement documents acceptable to Ahold, that the provisions and the resulting
reduction in Ahold's third quarter 2005 net result will be higher than
anticipated, any inability to obtain contributions to the settlement by Ahold's
insurance carriers, any delay in the payment of such contributions by Ahold's
insurance carriers, changes in Ahold's liquidity needs, the actions of Ahold's
shareholders, including their acceptance of the settlement, and other factors
some of which are discussed in the public filings of Ahold. 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 the forward-looking statements to reflect events or circumstances
after the date of this press release or to reflect the occurrence of
unanticipated events or circumstances, except as may be required under
applicable securities laws. Outside The Netherlands, Koninklijke Ahold N.V.,
being its registered name, presents itself under the name of "Royal Ahold" or
simply "Ahold."



[Graphic omitted] Ahold

www.ahold.com

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