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American Stores Company Announces Quarterly Dividend

    SALT LAKE CITY, June 17 /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 July 8, 1998, to shareholders of record on June 27, 1998.


SOURCE American Stores Company




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