SUPERVALU Executive to Become CEO at AmeriCold Logistics

Apr 12, 2001, 01:00 ET from SUPERVALU INC.

    EDEN PRAIRIE, Minn., April 12 /PRNewswire/ -- SUPERVALU INC. (NYSE:   SVU)
 announced today that Alec C. Covington, executive vice president, president
 and chief operating officer, food distribution companies, is leaving to accept
 the position of president and chief executive officer at AmeriCold Logistics,
 LLC, the nation's largest provider of temperature controlled food distribution
 services.
     "Alec has made many significant contributions to SUPERVALU since he joined
 us as part of our 1999 acquisition of Richfood Holdings," said Jeff Noddle,
 president and chief operating officer.  "He and his team have worked closely
 with me to improve our efficiency and enable us to compete more effectively in
 a consolidating industry."
     Noddle said that the company will draw from its strong depth of management
 to name a successor to Covington shortly.  Covington said that his decision
 was prompted by the opportunity to be the CEO of a major industry leader and
 to return to the South, where AmeriCold Logistics is based and where he has
 spent most of his professional career.
     SUPERVALU, which has annual sales of $23.2 billion, is the tenth largest
 supermarket retailer in the country and is the largest distributor to grocery
 retailers.  The company operates 1,194 stores, including licensed locations,
 and serves as the primary supplier to approximately 3,200 supermarkets and
 secondary supplier to 2,250 additional stores.
     Forward-looking statements in this news release, if any, are made under
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995.  SUPERVALU does not undertake to update forward looking statements made
 in this news release to reflect actual results, changes in assumptions or
 changes in other factors affecting such forward looking statements.  Certain
 important factors could cause results to differ materially from those
 anticipated by the forward-looking statements, including the impact of
 changing economic or business conditions, the impact of competition, the
 nature and extent of the consolidation of the retail food and food
 distribution industries, the ability to attract and retain customers for the
 company's food distribution operations and to control food distribution costs,
 the execution of restructuring activities, the availability of favorable
 credit and trade terms, food price changes, other risk factors inherent in the
 food wholesaling and retail businesses and other factors discussed from time
 to time in reports filed by the company with the Securities and Exchange
 Commission.
 
 

SOURCE SUPERVALU INC.
    EDEN PRAIRIE, Minn., April 12 /PRNewswire/ -- SUPERVALU INC. (NYSE:   SVU)
 announced today that Alec C. Covington, executive vice president, president
 and chief operating officer, food distribution companies, is leaving to accept
 the position of president and chief executive officer at AmeriCold Logistics,
 LLC, the nation's largest provider of temperature controlled food distribution
 services.
     "Alec has made many significant contributions to SUPERVALU since he joined
 us as part of our 1999 acquisition of Richfood Holdings," said Jeff Noddle,
 president and chief operating officer.  "He and his team have worked closely
 with me to improve our efficiency and enable us to compete more effectively in
 a consolidating industry."
     Noddle said that the company will draw from its strong depth of management
 to name a successor to Covington shortly.  Covington said that his decision
 was prompted by the opportunity to be the CEO of a major industry leader and
 to return to the South, where AmeriCold Logistics is based and where he has
 spent most of his professional career.
     SUPERVALU, which has annual sales of $23.2 billion, is the tenth largest
 supermarket retailer in the country and is the largest distributor to grocery
 retailers.  The company operates 1,194 stores, including licensed locations,
 and serves as the primary supplier to approximately 3,200 supermarkets and
 secondary supplier to 2,250 additional stores.
     Forward-looking statements in this news release, if any, are made under
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995.  SUPERVALU does not undertake to update forward looking statements made
 in this news release to reflect actual results, changes in assumptions or
 changes in other factors affecting such forward looking statements.  Certain
 important factors could cause results to differ materially from those
 anticipated by the forward-looking statements, including the impact of
 changing economic or business conditions, the impact of competition, the
 nature and extent of the consolidation of the retail food and food
 distribution industries, the ability to attract and retain customers for the
 company's food distribution operations and to control food distribution costs,
 the execution of restructuring activities, the availability of favorable
 credit and trade terms, food price changes, other risk factors inherent in the
 food wholesaling and retail businesses and other factors discussed from time
 to time in reports filed by the company with the Securities and Exchange
 Commission.
 
 SOURCE  SUPERVALU INC.