Guldin Elected to A&P Board of Directors, Appointed to New Senior Strategy Post

Mr. Guldin most recently was Senior Executive Vice President, Corporate Finance and Co-Chief Financial Officer of Tengelmann (Mülheim, Germany), a diversified international retail organization that is majority shareholder of A&P.

Commenting on Mr. Guldin's election, Christian Haub said, "We are delighted to welcome Andreas to both our Board and Company. His expertise and counsel have been invaluable to A&P's strategic development, as recently exemplified by his instrumental role in our pending acquisition of Pathmark Stores Inc. I look forward to working with him as our Company's strategic transformation moves forward."

Before joining Tengelmann in 2005, Mr. Guldin was Chief Financial Officer of E. Breuninger GmbH & Co., a leading department store and fashion retailer based in Stuttgart, Germany. Prior to that he was a senior business consultant at PA Consulting and CSC Index, also in Germany.

Mr. Guldin has been a Visiting Faculty of the University of Stuttgart for several years and is currently a Visiting Faculty Member at the University of Dusseldorf for Finance and Performance Management. He holds a Master's degree in Psychology from J.W. Goethe University, Frankfurt, Germany, a Masters degree in Business Administration from London Business School, and a Doctorate in Economics and Business Administration from the University of Hohenheim, Stuttgart, Germany.

Founded in 1859, A&P is one of the nation's first supermarket chains. The Company operates 406 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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