PRESS RELEASE - Halle (Belgium), 7 January 2013 17:45h

Marc Hofman (Ter Beke) new Colruyt Group CFO as from 1 April 2013

Marc Hofman, currently CEO of the Ter Beke Group, quoted on the stock exchange, will
be the new CFO of Colruyt Group as from 1 April 2013. Hofman is very experienced as an auditor and financial director. He was also in charge of the meat products division at Ter Beke since 2005 after which he became the CEO of the group in 2008. For CEO Jef
Colruyt he is cut out to succeed Wim Biesemans as CFO of Colruyt Group. At the end of
September 2012 Biesemans announced his intention to set to work as CEO of
Parkwind NV.
"I am very pleased that Marc Hofman decided to join Colruyt Group. His experience as an auditor with Arthur Andersen and as CFO with SUN International Group and Ter Beke make him a perfect candidate for the function," says Jef Colruyt, CEO of Colruyt Group. "His experience as the director of the meat production division at Ter Beke comes in handy since at Colruyt Group we also have production departments for meat, coffee and cheese. I am convinced that he will fit perfectly into the business culture that is typical of Colruyt Group."
Marc Hofman is proud of what he has achieved at Ter Beke, but after 15 years he is also very enthusiastic about this new challenge with Colruyt Group. "I have a great affinity for the culture of the family company Colruyt Group, where the focus is on respect and transparency. Efficiency and no-nonsense are very important to me too," says Marc Hofman. "As the CEO at Ter Beke I had great contacts with a few employees of Colruyt Group. So I know the company and the way in which they work very well. I am looking forward to working for a company that focuses on the same values as me."
In consultation with the Board of Directors of Ter Beke, Marc Hofman agreed to hand in his resignation as CEO at Ter Beke straight away, but to remain available until 31 March
2013 to counsel his successor at Ter Beke. After that, on 1 April 2013, he will start at Colruyt Group. In the first weeks he will become better acquainted with the different departments and store formulas of Colruyt Group. Until then, Wim Biesemans will continue to shoulder the final responsibility for the external financial reporting of Colruyt
Group. This way, Marc Hofman will have enough time to settle into the job at Colruyt
Group.
At the end of September 2012, during the general meeting of Colruyt Group, CEO Jef Colruyt had announced that he was looking for a new CFO. Since then, Wim Biesemans has been combining the function of CFO of Colruyt Group and that of CEO of the NV Parkwind, the company that groups the investments of Colruyt Group in wind energy. Wim Biesemans was a pioneer in these projects and will take care of the further development of this industrial activity for 100%, in cooperation with external partners.

PRESS RELEASE - Halle (Belgium), 7 January 2013 17:45h

Biography Marc Hofman

Born in Aalst in 1958
Education:
1980 Vlaamse Economische Hogeschool - Licentiate Applied Economic Sciences
Professional experience:
1997 - today Ter Beke Group
2008 - today CEO Ter Beke Group, Chairman of the Executive Committee
2005 - 2008 CEO Meat products Division
1997 - 2008 CFO Ter Beke Group
1991 - 1997 CFO SUN International Group
1989 - 1991 Operations Manager Belgium & Luxembourg Apple Computer
1980 - 1989 Manager Arthur Andersen

More information:

Jan Derom - Responsible for Press matters Colruyt Group - 0473/92.45.10

Colruyt Group

Colruyt Group operates in the food and non-food distribution sector in Belgium, France and Luxembourg with some 400 own stores and over 500 affiliated stores. In Belgium this involves Colruyt, OKay, Bio-Planet, DreamLand, DreamBaby, Spar and Eurospar. In France, in addition to approximately 60 Colruyt stores, there are also affiliated, independent Coccinelle, CocciMarket and Panier Sympa stores. Colruyt Group is also actively involved in the food service market (supplying food products to hospitals, company canteen kitchens, catering businesses), the sale of fuel (DATS 24), printing and document management solutions (Symeta) and the production of green energy. Colruyt Group employs over 25.000 people and has sales of over EUR 7,8 billion. Colruyt is listed on Euronext Brussels (COLR) under ISIN code BE0974256852.

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