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    Albertsons Declares Quarterly Dividend

    BOISE, Idaho -- Albertson's, Inc. Board of Directors, at its quarterly meeting on June 5, 2003, declared a regular quarterly cash dividend of $0.19 per share.

    BOISE, Idaho -- Albertson's, Inc. Board of Directors, at its quarterly meeting on June 5, 2003, declared a regular quarterly cash dividend of $0.19 per share. The cash dividend will be payable on August 10, 2003, to stockholders of record at the close of business on July 15, 2003.

    Albertsons is one of the world's largest food and drug retailers with annual revenues of approximately $36 billion. Based in Boise, Idaho, the Company employs more than 200,000 associates and operates approximately 2,300 retail stores across the United States, under banners including Albertsons, Jewel-Osco, Acme, Sav-on Drugs, Osco Drug, Albertsons-Osco, Albertsons-Sav-on, Max Foods and Super Saver.

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