Food Lion 2006 Annual Report Download - page 111

For shares held through a share account, the bank or broker will automatically
handle the dividend payment.
The payment of the dividend to the ADR holders will be made through
The Bank of New York.
Financial Calendar
Press release - 2007 first quarter results May 9, 2007*
Final date for depositing shares for the
 Ordinary General Meeting May 18, 2007**
Ordinary General Meeting May 24, 2007
ADR dividend record date May 30, 2007
Dividend for the financial year 2006 becomes
 payable to owners of ordinary shares May 31, 2007
Dividend for the financial year 2006 becomes
 payable to ADR holders June 11, 2007
Press release - 2007 second quarter results August 9, 2007*
Press release - 2007 third quarter results November 8, 2007*
* You are kindly invited to listen to the related conference call.
See www.delhaizegroup.com for further details on the conference call
and the webcast.
** Holders of bearer shares are informed that May 18, 2007 is a bank holiday and May 17, 2007 is a public
holiday in Belgium. Therefore, they are advised to contact their bank or broker in due time.
Information for ADR Holders
ADSs (American Depositary Shares), each representing one ordinary share
of Delhaize Group, are traded on the New York Stock Exchange under the
symbol DEG. ADSs are evidenced by American Depositary Receipts (ADRs).
The Delhaize Group ADR program is administrated by:
The Bank of New York
Shareholder Relations
P.O. Box 11258
Church Street Station
New York, N.Y. 10286-1258
U.S.A.
Toll free telephone number for U.S. callers: 1-877-853-2191
Non-U.S. callers can call: 1- 212 815 3700
e-mail: [e-mail]
website: www.stockbny.com
The Bank of New York has put in place a Global BuyDIRECT Plan for Delhaize
Group, which is a direct purchase and sale plan for depositary receipts, includ-
ing a dividend reinvestment plan (DRIP). For further information on ADRs or
Global BuyDIRECT, please see the ADR section on Delhaize Group’s website
www.delhaizegroup.com or call The Bank of New York.
Taxation of Dividends of Delhaize Group Shares
It is assumed that, for the application of domestic Belgian tax legislation and
the U.S.-Belgian tax treaty, owners of Delhaize Group ADRs are treated the
same as owners of Delhaize Group shares and that the ADRs are treated as
Delhaize Group shares. However, it must be noted that this assumption has
not been confirmed or verified with the Belgian Tax Authorities.
For Belgian income tax purposes, the gross amount of all distributions made
by Delhaize Group to its shareholders (other than repayment of paid-up
capital in accordance with the Belgian Company Code) is generally taxed as
dividends. Dividends that are attributed or paid on the shares are in principle
subject to a 25% Belgian withholding tax.
For non-Belgian residents - individuals and corporations - Belgian withhold-
ing tax is retained also at the rate of 25% subject to the reductions or exemp-
tions provided by Belgian tax law or by the tax treaty concluded between
Belgium and the country of which the non-Belgian beneficiary of the dividend
is a resident. Such withholding tax is normally the final tax in Belgium.
For dividends paid by Delhaize Group to a U.S. holder of ADRs, beneficial
owner of the dividends, who is not holding the shares through a permanent
establishment or a fixed base in Belgium and is entitled to claim benefits
under the U.S.-Belgian tax treaty, the withholding tax is reduced from 25%
to 15%. If he/she holds at least 10% of the voting rights of Delhaize Group,
a reduced withholding tax rate of 5% is currently applicable.
Although there are exceptions, in general the full 25% Belgian withholding
tax must be withheld by Delhaize Group or the paying agent, and the non-
Belgian holder of Delhaize Group shares or ADRs may file a claim for reim-
bursement for amounts withheld in excess of the treaty rate. The reimburse-
ment claim form (Form 276 Div.-Aut.) can be obtained from the AFER - Bureau
Central de Taxation, Bruxelles-Etranger, Tour North Galaxy B7, Boulevard
Albert II 33, B –1030 Brussels, Belgium. (phone: [phone], fax: +32
2 576 17 78, email: [email protected]).The form should be
completed in duplicate and sent to the relevant Tax Office in the residence
country of the non-Belgian holder with the request that one copy be appro-
priately stamped and returned to the sender. The non-Belgian holder can
then obtain reimbursement from the Bureau Central de Taxation, at the same
address, upon presentation of the stamped form and a document proving that
the dividend has been cashed. The request for reimbursement must be filed
with the Bureau Central de Taxation within three years from January 1 of the
year following the year in which the dividend was declared payable.
Prospective holders should consult their tax advisors as to whether they qual-
ify for the reduced withholding tax upon attribution or payment of dividends,
and as to the procedural requirements for obtaining the reduced withholding
tax immediately upon the attribution or payment of the dividends or through
the filing of a claim for reimbursement.
DELHAIZE GROUP / ANNUAL REPORT 2006 109