Exhibit 99.4
| | | | | |
| | 21700 Barton Road
P.O. Box 150
Colton, California 92324
| | Contact:
Phil Smith
Stater Bros. Holdings Inc.
(909) 783-5287 |
P R E S S R E L E A S E
For Immediate Release
Tuesday, June 29, 2004
STATER BROS. REPORTS REMAINING 10 3/4% SENIOR NOTES
TO BE REDEEMED ON AUGUST 16, 2004
COLTON, California (June 29, 2004) — Stater Bros. Holdings Inc. (the “Company”) announced today that it has advised The Bank of New York (the “Trustee”), as trustee of the indenture governing its 10 3/4% Senior Notes due 2006, CUSIP No. 857555AH9 (the “Notes”), that the Company has elected to redeem the remaining $51,949,500 principal amount of Notes not tendered in the Company’s recently expired tender offer for the Notes. The Company also requested that the Trustee mail a Notice of Redemption to each holder of the Notes.
The Notes will be redeemed on August 16, 2004 (the “Redemption Date”) at a price equal to 102.6875% per $1,000 principal amount of Notes, plus accrued and unpaid interest to the Redemption Date.
Company Information and Forward Looking Statements
Stater Bros. Holdings Inc., located in Colton, California, is a leading supermarket chain in Southern California and operates 158 supermarkets under the name of Stater Bros. Markets, its wholly owned subsidiary (“Markets”). Markets also owns and operates Santee Dairies. Stater Bros. has grown primarily by constructing supermarkets in its primary trading areas, as well as through the enlargement of existing supermarkets and through a strategic acquisition in August 1999 of 43 supermarkets in Southern California. Stater Bros.’ supermarkets offer its customers a high level of customer service and broad selections of grocery, meat, produce and general merchandise. All of the Stater Bros.’ supermarkets have expanded selections of produce and full service meat departments. Nearly all of the supermarkets have hot service delicatessens and many have bakery departments and fresh seafood counters. Stater Bros. utilizes centralized warehouse and distribution facilities that provide its supermarkets with approximately 77% of the volume of the merchandise they offer for sale. For more information on Stater Bros. Holdings Inc., please visit Stater Bros’ website at http://www.staterbros.com.
The disclosures herein include statements that are ‘forward looking’ within the meaning of federal securities law. These forward-looking statements generally can be identified by phrases such as the company “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” “targets,” or other words or phrases of similar import. Similarly, statements herein that describe the company’s business strategy, outlook, objectives, plans, intentions or goals are also forward-looking statements. Such forward- looking information involves important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of the Company.
STATER BROS. MARKETS...SERVING SOUTHERN CALIFORNIA FOR 67 YEARS
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