The following data have been derived from the consolidated financial statements of the Company and should be read in conjunction with those statements, which are included in this report.

(dollars in millions, except per share data)		52 WEEKS  JAN 30,  2003			52 WEEKS JAN 31, 2002		52 WEEKS FEB 1, 2001		53 WEEKS FEB 3, 2000		52 WEEKS JAN 28, 1999
OPERATING RESULTS:
Sales		$	35,626		$	36,605	$	35,501	$	36,326	$	34,915
Earnings from continuing operations			865			496		746		395		779
Net earnings			485			501		765		404		801
Net earnings as a percent to sales			1.38%			1.38%		2.15%		1.12%		2.28%
COMMON STOCK DATA:
Earnings from continuing operations:
Basic		$	2.18		$	1.22	$	1.78	$	0.93	$	1.86
Diluted			2.17			1.22		1.78		0.92		1.85
Net earnings per share:
Basic			1.22			1.23		1.83		0.96		1.91
Diluted			1.22			1.23		1.83		0.95		1.9
Cash dividends per share:
Albertsons			0.76			0.76		0.76		0.72		0.68
American Stores        Company equivalent			—			—		—		0.14		0.57
Financial Position:
Total assets		$	15,211		$	15,981	$	16,094	$	15,719	$	15,131
Long-term debt and capitalized   lease obligations			5,257			5,336		5,942		4,990		5,108
Other Year End Statistics:
Number of stores			2,287			2,421		2,512		2,492		2,564

The operating results include two significant restructuring initiatives that were implemented in 2001 and 2002 (refer to "Note F - Restructuring" and "Note E - Discontinued Operations/Market Exits" in the notes to the accompanying consolidated financial statements). Although these decisions were similar, the adoption of Statement of Financial Accounting Standard (SFAS) No. 144 "Accounting for the Impairment or Disposal of Long-Lived Assets" on February 1, 2002 caused the financial statement presentation of these actions to be dissimilar (SFAS No. 144 does not allow for the retroactive application of its provisions). The Company's financial statements have been restated to classify the results of operations for the 95 stores, two distribution centers and the reduction of division offices from 15 to 11, as discontinued operations for all periods. The operating results of the 165 stores are included in continuing operations of the Company's financial statements for the periods prior to their sale or closure.

The Company adopted SFAS 142 in 2002 (refer to "Note M - Goodwill and Other Intangible Assets" in the notes to the accompanying consolidated financial statements).

On June 23, 1999, Albertsons and American Stores Company consummated a merger, which has been accounted for as a pooling of interests.