Delhaize Group announces debt tender offers results

Delhaize Group announces debt tender offers results 
BRUSSELS, BELGIUM -- (Marketwire) -- 12/03/12 --  Delhaize  Group
(EURONEXT BRUSSELS: DELB) (NYSE: DEG), the Belgian international food
retailer, announced today the results
of  (i) its tender offer to
qualifying holders  for cash prior to maturity of up to  EUR100
million in aggregate principal  amount of its outstanding 5.625%
Senior
Notes  due 2014 (the "Euro Notes"), plus accrued and unpaid
interest and premium
amounts (the "Euro Tender Offer") and (ii) its
tender offer for cash for any and all  of its outstanding  $300
million 5.875% Senior  Notes due 2014 (the "Dollar
Notes"),  plus 
accrued  and  unpaid  interest  and premium amounts (the
"Dollar
Tender Offer"). 
Euro Tender Offer Results 
The  Euro  Tender  Offer  commenced  on  November  20, 2012 expired 
on November
29, 2012 at  4.00 p.m., London time. The Euro Tender Offer
was made on the terms
and  subject to  the conditions  contained in 
the Tender Offer Memorandum dated
November 20, 2012. 
EUR94,299,000  in  nominal  amount  of  the  Euro  Notes were validly
tendered for purchase to Delhaize Group pursuant to the Euro Tender
Offer. Delhaize Group has accepted  for purchase  an aggregate 
nominal amount  of EUR94,299,000 of the Euro Notes at a purchase
price of 107.740 per cent. The purchase price, together with
accrued 
interest, will be paid to qualifying holders whose Euro Notes have
been
accepted  for  purchase  on  or  about December 3, 2012 (the
"Settlement Date").
Following  completion of the  Euro Tender Offer, 
an aggregate nominal amount of EUR214,634,000 of the Euro Notes will
remain outstanding. 
The  purpose of the Euro Tender Offer is  to manage the debt maturity
profile of Delhaize  Group. The Euro Tender Offer was  made only
outside the United States,
and no tenders from the United States were
accepted. Any Euro Notes purchased by Delhaize  Group pursuant to the
Euro Tender Offer will be cancelled and will not be reissued or
resold. 
Dollar Tender Offer Results 
The  Dollar  Tender  Offer  commenced  on  November 20, 2012 expired
on November
29, 2012 at  5.00 p.m., New York City time  (the "Dollar
Tender Offer Expiration
Time").  The  Dollar  Tender  Offer  was 
made  on  the terms and subject to the conditions  contained in the
Offer to  Purchase dated November 20, 2012, and the accompanying
Letter of Transmittal. 
$200,950,000  in aggregate  principal amount  of the  Dollar Notes 
were validly
tendered  and not  withdrawn prior  to the  Dollar Tender
Offer Expiration Time.
Delhaize Group has accepted for purchase all
of the tendered Dollar Notes. 
Delhaize  Group  expects  to  pay  on  the  Settlement Date for the
Dollar Notes
purchased  pursuant to the Dollar Tender Offer.  It will
pay holders who validly
tendered  and did  not withdraw  their Dollar
 Notes at  or prior  to the Dollar
Tender  Offer  Expiration  Time 
the  Total  Consideration of $1,059.45 for each
$1,000  principal
amount of Dollar Notes accepted for purchase, plus accrued and unpaid
 interest  up  to,  but  not  including,  the Settlement Date.
Following
completion   of  the  Dollar  Tender  Offer,  an  aggregate
 nominal amount  of $99,050,000 of the Dollar Notes will remain
outstanding. 
Delhaize  Group today also announced that it  will exercise its right
to redeem,
satisfy  and discharge  any Dollar  Notes that  remain
outstanding following the Settlement Date at a redemption price
provided for under the indenture governing
the  Dollar Notes, plus
any accrued and  unpaid interest on the principal amount
up  to,  but
 not  including,  the  date  of  redemption,  which will be
January
3, 2013, unless  extended by  Delhaize Group  in its  sole
discretion. Upon the completion  of the redemption,  no principal
amount  of Dollar Notes will remain
outstanding. 
The purpose of the Dollar Tender Offer is to manage the debt maturity
profile of Delhaize  Group. Any  Dollar Notes  purchased by  Delhaize
Group pursuant to the Dollar Tender Offer will be cancelled and will
not be reissued or resold. 
-- Delhaize Group 
Delhaize  Group  is  a  Belgian  international  food  retailer
present in eleven
countries on three continents. At the end of the
third quarter of 2012, Delhaize
Group's  sales network consisted of 3
388 stores. In 2011, Delhaize Group posted
EUR21.1  billion ($ 29.4
billion)  in revenues and  EUR475 million ($661 million) in net 
profit  (Group  share).  At  the  end of June 2012, Delhaize Group
employed
approximately  158 000 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 to
investor@delhaizegroup.com. 
DISCLAIMER 
This press release shall not constitute an offer to sell, or the
solicitation of an  offer to  buy, Delhaize  Group's senior  notes or
 any other securities, nor shall  there be any  sale of securities 
mentioned in this  press release in any jurisdiction  in which such
offer, solicitation  or sale would be unlawful prior
to  registration
 or  qualification  under  the  securities  laws  of  any
such
jurisdiction. 
>> Offer and Distribution Restrictions 
The distribution of this announcement in certain jurisdictions may be
restricted
by law. 
Persons into whose possession this announcement comes are required by
Delhaize
Group, its advisors and its agents to inform themselves
about and to observe any such restrictions. This announcement does
not constitute an offer to buy or a
solicitation of an offer to sell
notes. 
The Euro Tender Offer was not made directly or indirectly in or into,
or by use
of the mail of, or by any means or instrumentality of
interstate or foreign commerce of or of any facilities of a national
securities exchange of, the United States. 
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS 
Statements  that are included or incorporated by reference in this
press release
and  other written and oral statements made  from time
to time by Delhaize Group
and its representatives, other than
statements of historical fact, which address
activities,  events and
developments that  Delhaize Group expects or anticipates
will or may
occur in the future, including, without limitation, Delhaize
Group's
intention  to redeem any of  the Dollar Notes that  remain
outstanding after the consummation  of the Dollar  Tender Offer,
expected  costs savings under the New Game Plan, the closing,
conversion and opening of stores, the expected effect of the
portfolio optimization, anticipated revenue and net profit growth,
strategic
options, future strategies and the anticipated benefits of
these strategies, are "forward-looking  statements" within the meaning
 of the U.S. federal securities
laws  that  are  subject  to  risks 
and  uncertainties.  These  forward- looking
statements  generally
can be identified as  statements that include phrases such
as  
"guidance,"   "outlook,"   "projected,"   "believe,"  "target,"
"predict,"
"estimate,"  "forecast,"  "strategy,"  "may,"  "goal," 
"expect," "anticipate,"
"intend,"  "plan," "foresee," "likely,"
"will,"  "should" or other similar words
or  phrases. Although such 
statements are based  on current information, actual
outcomes and
results may differ materially from those projected depending upon a
variety  of  factors,  including,  but  not  limited  to, changes in
the general
economy  or the markets of Delhaize Group, in strategy, in
consumer spending, in inflation   or   currency  exchange  rates  or 
in  legislation  or   regulation;
competitive  factors; adverse
determination with respect to claims; inability to timely develop,
remodel, integrate, open, convert or close stores; and supply or
quality  control problems with vendors.  Additional risks and
uncertainties that
could  cause actual results to differ materially
from those stated or implied by such  forward-looking statements are 
described in Delhaize  Group's most recent
Annual  Report on Form 
20-F and other  filings made by  Delhaize Group with the U.S. 
Securities and  Exchange Commission,  which risk  factors are
incorporated
herein   by  reference.  Delhaize  Group  disclaims  any
 obligation  to update
developments  of these risk factors or to 
announce publicly any revision to any of  the  forward-looking 
statements  contained  in  this  release,  or  to make
corrections 
to reflect  future events  or developments.  If Delhaize Group
does
update  one or more forward-looking statements, no inference
should be made that
it  will make additional updates with  respect to
those or other forward- looking
statements. 
Press release in Pdf format: 
http://hugin.info/133961/R/1661794/538551.pdf 
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(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: Delhaize Group via Thomson Reuters ONE 
[HUG#1661794] 
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