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                     Giant Food Inc: Raises dividend


Person to contact:
Mark Berey
301-341-8480

Landover, MD,
April 16, 1998

The Board of Directors of Giant Food Inc. on April 16, 1998 voted to increase
the quarterly cash dividend from $.195 to $.20 per share on all classes of
common stock payable to holders of record on May 8, 1998.  This dividend will
be paid on June 5, 1998.

END