AMCON Distributing Company Increases Quarterly Dividend 25%

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Thu Oct 23, 2008 8:30pm EDT

CHICAGO--(Business Wire)--
AMCON Distributing Company ("AMCON") (AMEX:DIT), an Omaha,
Nebraska based consumer products company is pleased to announce that
the Board of Directors has increased its quarterly cash dividend by
25% to the rate of $0.10 per share. The dividend is payable on
November 21, 2008 to shareholders of record as of November 3, 2008.

   "Our business units have a strong competitive position in the
market. This dividend increase is a reflection of the success of our
focused strategic plan. We continue to be fully committed to enhancing
shareholder value at every opportunity," said Christopher Atayan,
AMCON's Chairman and Chief Executive Officer.

   AMCON is a leading wholesale distributor of consumer products,
including beverages, candy, tobacco, groceries, food service, frozen
and chilled foods, and health and beauty care products with
distribution centers in Illinois, Missouri, Nebraska, North Dakota and
South Dakota. Chamberlin's Natural Foods, Inc. and Health Food
Associates, Inc., both wholly-owned subsidiaries of The Healthy Edge,
Inc., operate health and natural product retail stores in central
Florida (6), Kansas, Missouri, Nebraska and Oklahoma (4). The retail
stores operate under the names Chamberlin's Market & Cafe and Akins
Natural Foods Market.

   This news release contains forward-looking statements that are
subject to risks and uncertainties and which reflect management's
current beliefs and estimates of future economic circumstances,
industry conditions, Company performance and financial results. A
number of factors could affect the future results of the Company and
could cause those results to differ materially from those expressed in
the Company's forward-looking statements including, without
limitation, availability of sufficient cash resources to conduct its
business and meet its capital expenditures needs and the other factors
described under Item 1.A. of the Company's Annual Report on Form 10-K.
Moreover, past financial performance should not be considered a
reliable indicator of future performance. Accordingly, the Company
claims the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act
of 1995 with respect to all such forward-looking statements.

   Visit AMCON Distributing Company's web site at: www.amcon.com

AMCON Distributing Company
Christopher H. Atayan, 312-327-1770
Fax: 312-527-3964

Copyright Business Wire 2008
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