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American Stores Company Announces Quarterly Dividend

    SALT LAKE CITY, Utah, Dec. 8 /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 January 4, 1999, to shareholders of record on
December 18, 1998.


SOURCE American Stores Company




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    800-758-5804, ext. 048750
    CONTACT:
    Daniel J. Zvonek, Director - Investor and
    Public Relations of American Stores Company, 801-539-0112