Albertson's LLC to Acquire Raley's New Mexico Stores

Acquisition includes Nine Albuquerque Area Stores and One Store in Taos

Jun 12, 2007, 01:00 ET from Albertson's LLC

    BOISE, Idaho, June 12 /PRNewswire/ -- Albertson's LLC announced today
 that it intends to acquire Raley's ten stores in New Mexico. The
 acquisition includes one closed and eight operating stores in Albuquerque,
 and one store in Taos. Doubling Albertsons store base in the Albuquerque
 region, the addition of these stores will provide the company with the
 increased operational synergies which result from having a larger regional
     "Albertsons looks forward to a larger operation in New Mexico. Over the
 past year we have been able to provide the residents of Albuquerque an
 improved shopping experience and look forward to our expanded presence in
 the community," explained Bob Miller, Chief Executive Officer of
 Albertson's LLC. "Albertson's LLC is committed to running its stores and
 continually improving their operations and competitive position."
     Today, Albertsons operates 28 stores throughout New Mexico, eight of
 which are in the Albuquerque marketplace. After the acquisition is
 complete, the acquired stores will become part of Albertson's LLC's
 Southwest division. Based in Tolleson, Arizona, the Southwest division
 operates 78 stores in Arizona, New Mexico and El Paso, Texas. This asset
 transaction is expected to be complete in early August, subject to
 customary government approval.
     Albertson's LLC is working to become the favorite food and drug
 retailer in every market it serves. The company employs more than 47,000
 associates and operates under the Albertsons banner in Arizona, Arkansas,
 Colorado, Florida, Louisiana, Nebraska, New Mexico, Oklahoma, South Dakota,
 Texas, Wyoming, and Utah.

SOURCE Albertson's LLC