Giant Reaches New Labor Agreement

LANDOVER, Md., April 1, 2008 /PRNewswire-USNewswire/ -- Giant is pleased to announce we have reached new bargaining agreements with our Giant UFCW locals 27 and 400. The agreements were ratified by union membership in meetings held earlier today.

Giant has a proud tradition as a union company. Our goal was to reach agreements with terms that will allow us to remain the leading supermarket in our marketplace. We believe these new contracts meet that goal and provide significantly improved wages and benefits to our store associates.

We thank our customers and our associates for their patience and understanding during the negotiating period and look forward to continuing to offer our customers a great shopping experience for many years to come.

About Giant Food Giant Food LLC, headquartered in Landover, MD, operates 185 supermarkets in Virginia, Maryland, Delaware, and the District of Columbia, and employs approximately 21,000 associates. Included within the 185 stores are 166 full-service pharmacies. For more on Giant, visit www.giantfood.com.

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Source: Giant Food LLC

CONTACT: Harry Burton of Giant Food LLC, 202-739-5105

Web Site: www.giantfood.com

2008-04-01 17:15:54 0325554 PRNEWSWIRE