Our heritage of leadership has always included a strong focus on community
involvement. In 2002, Albertsons and our family of stores gave $65 million in
cash and in-kind donations focusing on hunger relief, health, nutrition, as well
as the education and development of our youth.

This year's major activities included the donation of 19 million pounds of food to
America's Second Harvest food banks and other local hunger-relief programs
throughout our operating areas. Together... Albertsons, our associates, our
customers and our vendor partners donated $500,000 to breast cancer
awareness; $4.7 million to fight muscular dystrophy; and $2.7 million to United
Way. On National Hunger Awareness Day, each of our distribution centers
provided a truckload of food to their local community foodbank resulting in 240
tons of food being deployed to those in need. We partnered with Campbell's to
give more than $500,000 to schools through the Labels for Education Program
and with the Coca-Cola Company to donate 500,000 books for education.
Albertsons Community Partners Card program also welcomed its 25,000th
member organization and gave over $14 million back to youth-oriented
programs.

There were also countless acts of selfless service contributed during the year by
our associates. Dedicated to quietly making a difference, examples of their
volunteer efforts included keeping day-old bakery products moving to local food
banks, serving meals at community soup kitchens and participating in disaster
relief programs. In 2003, we will bring the power of our 200,000 associates
together to form a new company-wide volunteer program called "CORUS." All
of these dedicated associates exemplify the core values underlying the
Albertsons spirit... for their caring, selflessness and compassion we salute them.