KROGER TO RING THE CLOSING BELL™ ON NYSE TO CELEBRATE 75TH ANNIVERSARY OF COMPANY’S LISTING

CINCINNATI, OH, January 23, 2003 – In celebration of the 75th anniversary of The Kroger Co.’s listing on the New York Stock Exchange, a group of current and retired Kroger executives will ring the closing bell at the Exchange on Monday, January 27th.

The opening and closing bells of the Exchange are among the most widely viewed daily events in the world.

Photos are available via Associated Press/New York (212) 621-1902, Reuters America (646) 223-6285 and Bloomberg Photo (212) 893-3420. The Closing Bell (starting at 3:55 p.m.) feed is available via fiber line at Waterfront #1630.

Headquartered in Cincinnati, Ohio, Kroger is one of the nation’s largest retail grocery chains. At the end of the third quarter of fiscal 2002, the Company operated (either directly or through its subsidiaries) 2,461 supermarkets and multi-department stores in 32 states under approximately two dozen banners including Kroger, Ralphs, Fred Meyer, Food 4 Less, King Soopers, Smith’s, Fry’s and Fry’s Marketplace, Dillons, QFC and City Market. Kroger also operates (either directly or through its subsidiaries) 783 convenience stores, 441 fine jewelry stores, 341 supermarket fuel centers and 41 food processing plants. For more information about Kroger, please visit our web site at www.kroger.com.

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