CORPORATE FINANCIALS ONLINE Fastest direct links to news from publicly-traded companies.

                  Giant Food Inc. Regular Dividend 19.5 cents

PERSON TO CONTACT:  MARK BEREY
TELEPHONE:  301-341-4484

THE BOARD OF DIRECTORS OF GIANT FOOD INC. DECLARED A REGULAR QUARTERLY
DIVIDEND OF 19.5 CENTS PER SHARE ON ALL CLASSES OF COMMON STOCK PAYABLE TO
HOLDERS OF RECORD ON FEBRUARY 6, 1998.  THIS DIVIDEND WILL BE PAID MARCH 6,
1998.
                            - END-