Lockridge Grindal Nauen P.L.L.P. Announces the Filing of a Class Action Suit Against Nash Finch Company—NAFC

Business Wire, Dec 21, 2005

MINNEAPOLIS -- The law firm of Lockridge Grindal Nauen P.L.L.P. announces that it has filed a class action lawsuit on Monday, December 19 on behalf of all persons who purchased the common stock of Nash Finch Company ("Nash Finch" or the "Company") (Nasdaq:NAFC) between February 24, 2005 and October 20, 2005, inclusive (the "Class Period") seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act").

If you bought the securities of Nash Finch between February 24, 2005 and October 20, 2005 and sustained damages, you may, no later than February 17, 2006, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Lockridge Grindal Nauen P.L.L.P., or other counsel of your choice, to serve as your counsel in this action.

The action is pending in the United States District Court for the District of Minnesota against defendants Nash Finch Company, Ron Marshall (CEO) and Le Anne M. Steward (CFO & Senior Vice President). A copy of the complaint filed in this action is available from the Court.

The complaint alleges that Nash Finch made a series of false and misleading statements with respect to its acquisition of Roundy's Distribution Center, a mid-west food distributor. These statements were false and misleading because Defendants knew or recklessly disregarded that Nash Finch was operating far below expectations, had significantly underreserved for the Roundy's acquisition, the integration of Roundy's was not proceeding as planned, and the Company's core business was under-performing.

On October 20, 2005, Nash Finch issued a press release announcing lower fiscal 2005 earnings guidance. The Company attributed the lower guidance to a decline in retail gross margins and inadequate execution of pricing across its retail operations and higher than expected acquisition integration costs. In reaction to the announcement, Nash Finch shares plummeted $12.76 per share, or 28.6%, to close at $30.04 on October 21, 2005.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Lockridge Grindal Nauen P.L.L.P. The firm has considerable experience in prosecuting securities class actions, has extensive experience representing shareholders in class actions, and has successfully recovered millions of dollars for defrauded investors and shareholders.

If you have any questions about the lawsuit or how you may be able to recover losses, please call or write:

Gregg M. Fishbein, Esq. (gmfishbein@locklaw.com)
         Nathan D. Prosser, Esq. (ndprosser@locklaw.com)
         Lockridge Grindal Nauen P.L.L.P.
         100 Washington Avenue South, Suite 2200
         Minneapolis, MN  55401
         (612) 339-6900