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March 24, 2003

LAUREL GROCERY COMPANY AWARDED THE 2003 IGA PRESIDENT'S CUP FOR GREATEST IGA DEVELOPMENT

CHICAGO, IL – IGA today announced Laurel Grocery Company, a leading Alternative Full Line Wholesaler to IGA retailers in Kentucky , Tennessee , Georgia , Ohio , Indiana and West Virgina , has been awarded the 2003 IGA President's Cup for Greatest IGA Development. President Jim Buchanan accepted the prestigious award on March 11th at IGA's 2003 Global Summit in Palm Springs , Calif.

The IGA President's Cup Awards are given each year to two licensed distribution centers; one that exhibit the greatest IGA development, the other, the greatest overall IGA performance. Included in the judging of these awards is the increase of IGA Retail sales from last year, the net increase in total IGA retail square footage, the number of supermarkets added to the IGA system, the IGA Operational Assessment rating, IGA Brand support, Hometown Proud involvement and participation in IGA events.

During Laurel Grocery's two years in the IGA system, the licensed distribution center (LDC) has experienced rapid development. Between 2001, the company's inaugural year, and 2002, the company added 14 IGA supermarkets, had a 29 percent increase in IGA Brands carried, and received either a Four or Five-Star Operational Assessment Rating in 48 or its 68 stores.

"Laurel Grocery Company is one of the IGA's newer LDCs," said Dr. Thomas Haggai, chairman and CEO of IGA. " Laurel stepped into a geographic void that we have as a base and they continue to spread in the enlisting of IGA liscensees. This company is an example of what strong families can do when they have a stirring commitment to their customer base. Laurel Grocery earned well the 2003 IGA Presidents Cup for Greatest IGA Development."

IGA, the only global supermarketer based in the United States , is the world's largest voluntary supermarket network with aggregate worldwide retail sales of more than $21 billion per year. The Alliance includes more than 4,000 Hometown Proud Supermarkets worldwide, supported by 36 distribution companies and more than 55 major manufacturers, vendors and suppliers encompassing everything from grocery to equipment items. IGA ranks in the top 10 in world food supermarketing. IGA has operations in 48 of the United States and more than 40 countries, commonwealths and territories on all six inhabited continents.                 
For Information Contact
Ashley M. Page 773-772-5724
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