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    Ahold Buys Back Notes, Bonds

    AMSTERDAM -- Ahold said yesterday that it has repurchased, to a total principal notional amount of about 110 million euros (US $148 million), the following notes and bonds, in keeping with the its debt reduction strategy:

    AMSTERDAM -- Ahold said yesterday that it has repurchased, to a total principal notional amount of about 110 million euros (US $148 million), the following notes and bonds, in keeping with the its debt reduction strategy:

    --An aggregate principal notional amount, of about 94 million euros (US $126 million) of seven-year notes due May 9, 2008, a part of which, about 437 million euros (US $586 million), was repurchased on Oct.20, 2005.

    --An aggregate principal notional amount of about 16 million euros (US $21 million) of 10-year bonds due Dec. 19.

    The repurchased notes and bonds, which represent about 8.9 percent of the outstanding amount of the May 2008 notes and about 11.6 percent of the December 2007 bonds, will be cancelled. The buyback and cancellation will leave an outstanding amount of about 969 million euros (US $1.3 billion) of the May 2008 notes and an outstanding amount of about 120 million euros (US $161 million) of the December 2007 bonds.

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