KROGER TO PARTICIPATE IN LEHMAN BROTHERS INVESTOR CONFERENCE

CINCINNATI, OH, April 29, 2002 -- The Kroger Co. (NYSE: KR) will participate in the Lehman Brothers Retail Conference. The Kroger presentation will be broadcast live over the Internet on April 30, 2002 at 9:10 a.m. (Eastern) at http://www.kroger.com/financialinfo_investorconferencecalls.htm. Click on Webcast Events to access the event. The presentation will be available in an archived format for one week following the conference.

Headquartered in Cincinnati, Ohio, Kroger is one of the nation’s largest retail grocery chains. At the end of fiscal 2001, the Company (either directly or through its subsidiaries) operated 2,418 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, Dillon, QFC and City Market. Kroger also operates 789 convenience stores, 427 fine jewelry stores, 227 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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