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Food Lion 2005 Annual Report Download - page 107

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Caution Concerning Forward-looking Statements

All statements that are included or incorporated by reference in this annual report or that are otherwise attributable to Delhaize

Group or persons acting on behalf of Delhaize Group, other than statements of historical fact, which address activities, events or

developments that Delhaize Group expects or anticipates will or may occur in the future, including, without limitation, statements

regarding expected ﬁ nancial performance; expansion and growth of Delhaize Group’s business; anticipated store openings and

renovations; future capital expenditures; projected revenue growth or synergies resulting from acquisitions and other transactions;

efforts to control or reduce costs, improve buying practices and control shrink; contingent liabilities; future consumer spending;

forecasted currency exchange rates or inﬂ ation; expected competition; and business strategy, 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 identiﬁ ed as statements that include phrases such as “believe”, “project”, “target”, “predict”, “estimate”, “forecast”,

“strategy”, “may”, “goal”, “expect”, “anticipate”, “intend”, “plan”, “foresee”, “likely”, “will”, “should” or other similar words or

phrases. Although Delhaize Group believes such statements are based on reasonable assumptions, actual outcomes and results

may differ materially from those projected. Accordingly, all forward-looking statements should be evaluated with the understanding

of their inherent uncertainty. Important factors that could cause actual results to differ materially from expectations of Delhaize

Group include, but are not limited to, those factors described in this annual report under the heading entitled “Risk Factors” on

page 32 and under Section B of Item 3 of Delhaize Group’s Annual Report on Form 20-F for the ﬁ scal year ended December 31,

2004, ﬁ led with the U.S. Securities And Exchange Commission on June 30, 2005. Delhaize Group undertakes no obligation to

update forward-looking statements, whether as a result of new information, future developments or otherwise, and disclaims any

obligation to do so.

Legal Version of the Annual Report

Only the French version of the annual report has legal force. The Dutch and English versions represent translations of the

French original. The consistency between the different language versions has been veriﬁ ed by Delhaize Group under its own

responsibility.