Meat Industry INSIGHTS Newsletter

990225 Richfood Holdings, Inc. Declares Third Quarter Dividend

February 11, 1999

Richmond, VA - Richfood Holdings, Inc. announced that its Board of Directors declared a quarterly cash dividend on its outstanding Common Stock for the third quarter of fiscal 1999. A cash dividend of $0.05 per share will be payable on or about March 30, 1999, to shareholders of record on March 15, 1999.

Richfood Holdings, Inc., headquartered in Richmond, Virginia, is one of the largest food retailers and the largest wholesale food distributor in the Mid- Atlantic operating region. The Company's retail division operates three retail grocery store chains: 42 Farm Fresh retail grocery stores located primarily in Virginia's Hampton Roads market; 38 Shoppers Food Warehouse supermarkets in the Washington, D.C. area; and 18 Metro retail grocery stores in the metropolitan Baltimore area. The Company's wholesale division provides a full range of grocery, dairy, frozen food, produce, meat and non-food items to chain and independent retailers throughout the region.

This Article Compliments of...

Iotron Technology Inc.

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