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                                                                      EXHIBIT 10



FOR IMMEDIATE RELEASE                                               MAY 8, 1998


                      BUTTREY FOOD AND DRUG STORES COMPANY
                      RECEIVES NOTICE FROM ALBERTSON'S INC.
                 THAT THE TENDER OFFER PERIOD WILL BE EXTENDED


Great Falls, Montana, May 8, 1998 . . . Buttrey Food and Drug Stores Company
(NASDAQ:BTRY) today announced that it has received notice from Albertson's
Inc. (NYSE:ABS) that the tender offer scheduled to expire 12:00 midnight New
York City time on April 30, 1998 will be extended until 12:00 midnight New York
City time on July 15, 1998.

     Buttrey has been further informed by Albertson's that all other terms and
conditions of its tender offer, including the purchase price of $15.50 per
share, remain unchanged.

     Buttrey also stated that it has agreed with Albertson's that the tender
offer would be amended to accelerate the expiration date of the offer (and the
date on which it will purchase tendered shares) to a date that is not less than
ten business days following the date on which all conditions to the offer
(including clearance by the FTC) are satisfied, if such change would result in
an earlier expiration date. Notice of such amendment will be given by
Albertson's in the manner required by the rules and regulations of the
Securities and Exchange Commission.

     The Information Agent for the offer is Georgeson & Company Inc., and
questions about the offer may be addressed to them by calling (212) 440-9800 or
(800) 223-2064.


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Contact:  Wayne S. Peterson

          Senior Vice President and Chief Financial Officer

          Buttrey Food and Drug Stores Company

          601 6th Street S.W.

          Great Falls, Montana 59404

          (406) 454-7280