Full Year 2008 Revenues:

*          Strong revenue growth of +5.6% at identical exchange rates
  including the 53rd week in the U.S.
*          Revenues in upper-end of guidance range of +3.0% to +4.5%
  with +3.9% revenue growth at identical exchange rates excluding
  53rd week and acquisitions
*          Comparable store sales growth of +2.5% in the U.S. and
  +2.2% in Belgium
*          Confirmation of 2008 guidance of flat to 3% operating
  profit growth at identical exchange rates (excl. charges for
  Sweetbay impairment and store closings, and the four-store German
  divestiture)

Fourth Quarter 2008 Revenues:

*          Revenue growth of +10.3% at identical exchange rates
  including the 53rd week and +4.4% excluding the 53rd week
*          Continued solid comparable store sales growth of +2.9% in
  the U.S. and +2.7% in Belgium, with particularly strong year-end
  sales in all companies

Solid Plans to Support 2009 Revenues, Profitability and Cash Flows:

*          Strong cash generation through actions which positively
  impact our cost structure by EUR 100 million and EUR 50 million
  working capital improvements
*          Important opening program of 71 to 81 stores to a total of
  2,744 to 2,754 stores at the end of 2009
*          Planned capital expenditures of EUR 600 to EUR 620 million
*          Thorough review of portfolio leading to closing of seven
  underperforming Sweetbay stores and planned divestiture of four
  German stores resulting in EUR 7 million higher operating profit on
  an annualized basis and fourth quarter 2008 store closing and
  impairment after-tax charge of EUR 27.5 million (of which EUR 20.4
  million non cash)

CEO Comments

Pierre-Olivier Beckers, President and Chief Executive Officer of
Delhaize Group: "During the fourth quarter, all of our U.S.
operations continued good revenue momentum. Year-end sales in
particular were strong and the trend in number of transactions turned
positive again when compared to the two previous quarters. Indeed,
while the U.S. consumer remained prudent, we responded with many
sales building initiatives such as our private brand roll-out and
strong holiday merchandising and promotions, which resulted in good
revenue dynamics. Delhaize Belgium's revenues grew in the fourth
quarter as a result of increased customer traffic and a continuing
improving market share trend. Greece benefited from the conversion of
the acquired Plus Hellas stores to the Alfa-Beta banner. As a result
of the solid fourth quarter revenues, gross margin supported by
higher private label sales and continued cost management, we confirm
our 2008 earnings guidance."

"Despite the uncertain economic environment, we are confident that
our many initiatives will continue to deliver benefits in 2009.
Special attention will be given to our private brand offering and
price competitiveness. To support our revenue growth, our
profitability and our cash flows, we have planned a series of actions
which will positively impact in 2009 our cost structure by EUR 100
million. We also plan to partly reinvest a portion of those savings
in price. In addition, we plan to exercise discipline by reducing
capital expenditures and by generating EUR 50 million working capital
improvements. Our decision to close a number of Sweetbay stores and
to divest our four German stores will have a positive effect on our
ongoing profitability. All of these initiatives should position
Delhaize Group to come out of these difficult economic times as an
even stronger company."

CONTACTS:
Guy Elewaut:              + 32 2 412 29 48
Geert Verellen:            + 32 2 412 83
62
Aurélie Bultynck:       + 32 2 412 83 61
Amy Shue (U.S. investors):+ 1 704 633 82 50 (ext. 2529)
Barbera Hoppenbrouwers (media): +32 2 412 86 69


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