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American Stores Company Announces Quarterly Dividend

    SALT LAKE CITY, March 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 April 8, 1998, to shareholders of record on March 27,
1998.


SOURCE American Stores Company




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