2008-05-07 23:42:08 -

- Safeway Inc. (NYSE:SWY) will webcast its Annual Meeting of Stockholders on Wednesday, May 14, 2008, at 11:00 a.m. pacific time.

The Annual Meeting will be broadcast live over the Internet at www.safeway.com/investor_relations. Click on 'Webcast Events' to access the event. The presentation will be available in an archived format for approximately one-week following the event.

Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America, based on sales. The Company operates 1,740 stores in the United States and western Canada and had annual sales of $42.3 billion in 2007. The Company's common stock is traded on the New York Stock Exchange under the symbol SWY.

Safeway
Julie Hong, 925-467-3832