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A&P Board Elects New Director
MONTVALE, NJ - April 29, 2004 - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced that Jens-Jürgen Böckel has been elected to the Company's Board of Directors. He succeeds Rosemarie Baumeister, who is retiring from the Board.
Dr. Böckel is Chief Financial Officer of Tengelmann, (Mülheim, Germany), a diversified international retail organization that is majority shareholder of A&P. He joined Tengelmann in January of 2000 from Schickedenz Holding-Stiftung & Co. KG (Fürth, Germany), where he was chief financial officer and a member of the executive board. Currently a member of the supervisory board of Kaiser's Tengelmann AG (Viersen, Germany), Dr. Böckel also serves on the boards of several other European corporations.
Mrs. Baumeister, a Director of A&P since 1979, is currently Senior Vice President of Tengelmann, where she has previously served in various executive capacities. She is also a member of the advisory board of Deutsche Bank.
Christian Haub, Chairman of the Board, President and Chief Executive Officer of A&P, said, "It is with great appreciation that I observe Mrs. Baumeister's distinguished service to A&P. Her advice and counsel over the years have been invaluable to our Company, and I wish her well as she continues in her service to Tengelmann and in all of her future endeavors.
"It is also with great pleasure that we welcome Dr. Böckel to the Board. His expertise and experience will be a tremendous asset to us as we drive the ongoing turnaround and renewal of A&P. I look forward to working with him and all of our Directors as that effort moves forward," Mr. Haub said.
Founded in 1859, A&P was one of the nation's first supermarket chains, and is today among North America's largest. The Company operates 633 stores in 10 states, the District of Columbia and Ontario, Canada under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Sav-A-Center, Dominion, The Barn Markets, Food Basics and Ultra Food & Drug.
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Investor Contact: William J. Moss
Vice President, Treasurer
(201) 571-4019
Press Contact: Richard P. De Santa
Vice President, Corporate Affairs
(201) 571-4495
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