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American Stores Company Announces Quarterly Dividend
 
    SALT LAKE CITY, March 1 /PRNewswire/ -- The Board of Directors of American
Stores Company (NYSE: ASC) today declared a quarterly cash dividend on
American Stores Company common stock of 9 cents per common share.  The
dividend is payable April 30, 1999, to shareholders of record on April 15,
1999.  In anticipation of the pending merger with Albertson's, Inc., the
Company and Albertson's have coordinated and modified their respective
dividend dates to coincide.
SOURCE American Stores Company



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