KROGER ISSUES ANNOUNCEMENT ON INVESTOR MEETINGS

CINCINNATI, OH, August 29, 2002 - The Kroger Co. (NYSE: KR) today issued the following announcement:

It has been Kroger's policy not to comment on sales, earnings or business trends during "blackout periods" running from the close of the fiscal quarter to the date that quarterly results are released. In support of that policy, Kroger has determined that it will decline all invitations to participate in investor presentations, investor field trips and other investor meetings during current and future blackout periods. Therefore, Kroger has cancelled all previously scheduled presentations during such periods.

Headquartered in Cincinnati, Ohio, Kroger is one of the nation’s largest retail grocery chains. At the end of the third quarter, the Company operated 2,401 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 790 convenience stores, 426 fine jewelry stores, 177 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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