Delhaize Group : Delhaize Group announces agreement on sale of Maxi, Mini Maxi and Tempo stores in Montenegro

Delhaize Group : Delhaize Group announces agreement on sale of Maxi, Mini Maxi
                        and Tempo stores in Montenegro

BRUSSELS, Belgium, July 11, 2013 - Delhaize Group (Euronext Brussels: DELB,
NYSE: DEG), the Belgian international food retailer, announces that it has
reached an agreement with Expo Commerce ("Expo") on the divestiture of 25
Maxi, Mini Maxi, and Tempo stores in Montenegro.

Delhaize Group announces that it has signed an agreement with Expo to sell all
25 Maxi, Mini  Maxi, and  Tempo stores it  operates in  Montenegro. In  2012, 
these stores  generated revenues  of  approximately €50  million. Expo  is  a 
distributor of major  branded fast-moving  consumer goods.  Delhaize and  Expo 
will enter into  a franchise  agreement maintaining  the Maxi,  Mini Maxi  and 
Tempo names.

The transaction is  expected to close  in the  fourth quarter of  2013 and  is 
subject to regulatory  approval as  well as customary  closing conditions  and 
working capital adjustments. Bank of America Merrill Lynch acted as  exclusive 
financial advisor to Delhaize Group for this transaction.

» Delhaize Group

Delhaize Group  is  a  Belgian  international food  retailer  present  in  ten 
countries on  three continents.  At the  end  of the  first quarter  of  2013, 
Delhaize Group's sales network  consisted of 3,411  stores. In 2012,  Delhaize 
Group posted €22.6 billion ($29.0 billion) in revenues and €104 million  ($134 
million) in  net profit  (Group share).  At the  end of  2012, Delhaize  Group 
employed approximately 158,000 people.

This press release  is available in  English, French and  Dutch. You can  also 
find it on the website Questions can be sent  to

» Contacts

Investor Relations: + 32 2 412 2151
Media Relations - Group: + 32 2 412 8669
Media Relations - Serbia: +381 65 3495 113

cautionary note regarding 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, when the sale of Maxi,  Mini Maxi, and Tempo stores in  Montenegro 
to Expo  is expected  to be  completed; the  financial flexibility  that  will 
result from the sale; the ultimate value of the transaction to Delhaize  Group 
after working capital  adjustments, strategic options,  future strategies  and 
the anticipated benefits  of these strategies  and operating profit  guidance, 
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,  conditions to  closing the  sale of  Maxi, Mini  Maxi, and  Tempo 
stores in Montenegro to Expo,  including regulatory approvals; 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; 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.

Press release in pdf format


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Source: Delhaize Group via Thomson Reuters ONE
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