KROGER BOARD OF DIRECTORS DECLARES QUARTERLY DIVIDEND

CINCINNATI, OH, January 19, 2007 – The Kroger Co. (NYSE: KR) announced today that its Board of Directors declared a quarterly dividend of $0.065 per share to be paid to shareholders of record at the close of business on February 15, 2007. The dividend is payable on March 1, 2007.

Headquartered in Cincinnati, Ohio, Kroger is one of the nation’s largest retail grocery chains. At the end of the third quarter of fiscal 2006, the Company operated (either directly or through its subsidiaries) 2,473 supermarkets and multi-department stores in 31 states under two dozen local banners including Kroger and Kroger Marketplace, Ralphs, Fred Meyer, Food 4 Less, King Soopers, Smith’s and Smith’s Marketplace, Fry’s and Fry’s Marketplace, Dillons, QFC and City Market. Kroger also operated (either directly or through subsidiaries, franchise agreements, or operating agreements) 774 convenience stores, 418 fine jewelry stores, 619 supermarket fuel centers and 42 food processing plants. For more information about Kroger, please visit our web site at www.kroger.com.

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