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Press Room

For Immediate Release

MONTVALE, NJ – February 16, 2007 – The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) today announced that it has completed its Earning and Profits Study and has determined that the special dividend of $7.25 per share, paid on April 25, 2006, should be treated as dividend income for income tax purposes.

Founded in 1859, A&P is one of the nation’s first supermarket chains. The Company operates 410 stores in 9 states and the District of Columbia under the following trade names: A&P, Waldbaum’s, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Sav-A-Center and Food Basics.

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Investor Contact:
William J. Moss
Vice President, Treasurer
(201) 571-4019

Press contact:
Richard P. De Santa
Senior Director, Corporate Affairs
(201) 571-4495

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Company Facts
Founded:
1859 by George Huntington Hartford and George Gilman

Headquarters:
Montvale, NJ

Stock Symbol:
NYSE: "GAP"

Number of Stores:
456

Retail Banners:
A&P, Waldbaum's, A&P Super Foodmart, The Food Emporium, Super Fresh, Pathmark and Food Basics

Annualized Sales Volume:
$9.4 billion of Total Sales for fiscal year 2006 ended February 24, 2007

Scope of Operations:
6 U.S. states (Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland), and the District of Columbia

Own Brands:
America's Choice, Master Choice, Health Pride, Savings Plus, Pathmark

Number of Employees:
Approximately 62,030

Executive Chairman:
Christian W.E. Haub

President & Chief Executive Officer:
Eric Claus