Safeway Inc. Board of Directors Declares Quarterly Dividend

Business Wire, March 7, 2008

PLEASANTON, Calif. -- Safeway Inc. (NYSE:SWY) announced that its Board of Directors declared a regular quarterly cash dividend of $0.069 per common share. The cash dividend will be payable on April 17, 2008, to stockholders of record at the close of business on March 27, 2008.

Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America based on sales. The Company operates 1,743 stores in the United States and western Canada and had annual sales of $42.3 billion in 2007. The Company's common stock is traded on the New York Stock Exchange under the symbol SWY.