Albertsons, Inc. Declares Quarterly Dividend

BOISE, Idaho, -- Albertsons, Inc. Board of Directors, at its quarterly meeting on March 19, 2003, declared a regular quarterly cash dividend of $0.19 per share. The cash dividend will be payable on May 10, 2003, to stockholders of record at the close of business on April 15, 2003.

Albertsons is one of the world's largest food and drug retailers with annual revenues of approximately $36 billion.