Future accounting changes

Ahold will be subject to new accounting guidelines under IFRS and US GAAP, including the following:

In June 2006, the FASB issued Financial Interpretation No. 48 "Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No. 109" ("FIN 48"), which is a change in accounting for income taxes. FIN 48 specifies how tax benefits for uncertain tax positions are to be recognized, measured, and derecognized in financial statements. Furthermore it requires certain disclosures of uncertain matters, specifies how uncertain tax positions should be classified on the balance sheet and provides transition and interim guidance, among other provisions. FIN 48 is effective for the Company as of 2007. The Company is in the process of evaluating the impact of FIN 48 on its future consolidated financial statements.

For more information on future accounting changes, see Notes 3 and 35 to the consolidated financial statements included in this Annual Report.