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2015-05-28

Delhaize Group: Delhaize Group press release - Delhaize Group shareholders approve 2014 dividend and appoint new members to the Board of Directors

BRUSSELS, Belgium, May 28, 2015 - Delhaize Group announced today that during
its Ordinary Shareholders Meeting its shareholders approved the annual
accounts for fiscal year 2014 and the distribution of a €1.60 gross dividend
per share. After deduction of a 25% withholding tax, this results in a net
dividend of €1.20 per share.

The 2014 dividend will become payable to owners of ordinary shares against
coupon no. 53. The Delhaize Group ordinary shares will start trading
ex-coupon on June 2, 2015 (opening of the market). The record date (i.e. the
date by which shareholders are entitled to the dividend) is June 3, 2015
(closing of the market) and the payment date is June 4, 2015. The ADR
dividend record date is June 3, 2015 and the payment of the dividend to
Delhaize Group's ADR holders will be made through Citibank beginning on June
9, 2015.

During the Shareholders Meeting, Delhaize Group's President and Chief
Executive Officer, Frans Muller, confirmed its previously announced
intentions for 2015 to focus on two strategic priorities, being the further
roll-out of Easy, Fresh&Affordable to another 160 Food Lion stores and the
implementation of the Transformation Plan at Delhaize Belgium. Mr. Muller
also confirmed that Delhaize Group will spend approximately €700 million in
capital expenditures at identical exchange rates while generating a healthy
free cash flow.

The shareholders also approved the appointment of Mrs Dominique Leroy and Mr.
Patrick De Maeseneire as independent directors for a term of four years.

Shareholders did reject the company's Remuneration Report by a vote of 54.1%
to 45.9%. In response, Mats Jansson, Chairman of the Board of Directors for
Delhaize Group, said "We are disappointed by this vote, but we will take the
result into consideration and consult with our shareholders."

The speeches and presentations have been made available on the Delhaize Group
website (www.delhaizegroup.com).

»
Delhaize Group

Delhaize Group is a Belgian international food retailer present in seven
countries on three continents. At the end of March 2015, Delhaize Group's
sales network consisted of 3 410 stores. In 2014, Delhaize Group recorded
€21.4 billion ($29.4 billion) in revenues and €89 million ($118 million) net
profit (Group share). At the end of 2014, Delhaize Group employed
approximately 150 000 people. Delhaize Group's stock is listed on NYSE
Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

This press release is available in English, French and Dutch. You can also
find it on the website http://www.delhaizegroup.com. Questions can be sent
toinvestor@delhaizegroup.com.

»
Contacts

Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669

Press release in Pdf
http://hugin.info/133961/R/1924504/690456.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Delhaize Group via Globenewswire

HUG#1924504

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