SUPERVALU, Inc. Suspends FY 2013 Guidance

SUPERVALU, Inc. announced that in conjunction with its financial advisors, Goldman Sachs and Greenhill & Co., have initiated a review of strategic alternatives to create value for the Company's shareholders. SUPERVALU's non-executive chairman, Wayne Sales, will oversee this process so that management can remain focused on executing the Company's accelerated business plan. There can be no assurance that such a review will result in any transaction or any change in the Company's overall structure or its business model. Concurrent with the actions noted above to enhance performance and shareholder value, the Company is suspending identical store sales and earnings per share guidance and withdrawing any previous guidance given for fiscal 2013.