Exhibit 99.1


              SUPERVALU Declares Quarterly Dividend and
                 Authorizes Share Repurchase Program


   MINNEAPOLIS--(BUSINESS WIRE)--April 18, 2007--The Board of
Directors of SUPERVALU INC. (NYSE:SVU) today declared a regular
quarterly dividend of $0.1650 per share. The dividend is payable on
June 15, 2007 to stockholders of record as of the close of business on
June 1, 2007. As of April 17, 2007, there were approximately 209
million shares outstanding. SUPERVALU has consistently paid a dividend
for more than 60 years.

   Share Repurchase Authorization

   SUPERVALU's Board of Directors today adopted a new annual share
repurchase program authorizing the company to purchase up to $235
million of the Company's common stock. Stock purchases will be made
from the cash generated from the settlement of stock options and the
Hybrid Income Term Security Units equity issuance. The annual
authorization program announced today replaces all existing share
repurchase programs.

   About SUPERVALU

   SUPERVALU INC. is one of the largest companies in the United
States grocery channel with annual sales of approximately $40 billion.
SUPERVALU holds leading market share positions across the U.S. with
its approximately 2,500 retail grocery locations. Through SUPERVALU's
nationwide supply chain network, the company provides distribution and
related logistics support services to more than 5,000 grocery
endpoints across the country. SUPERVALU currently has approximately
200,000 employees.

   CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR
THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995

   Except for the historical and factual information contained
herein, the matters set forth in this news release, including
statements as to the progress and expected benefits of the combination
of the operations of Albertson's, Inc. that were acquired in June 2006
with those of SUPERVALU, such as efficiencies, cost savings, market
profile and financial strength, and the competitive ability and
position of the combined company, and other statements identified by
words such as "estimates," "expects," "projects," "plans," and similar
expressions are forward-looking statements within the meaning of the
"safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including the possibility that the anticipated benefits from the
acquisition cannot be fully realized or may take longer to realize
than expected, the possibility that costs, including costs related to
purchase accounting estimates of fair value, or difficulties related
to the combination of Albertsons operations into SUPERVALU will be
greater than expected, and the impact of competition, economic and
industry conditions, security and food and drug safety issues, severe
weather and natural disasters, escalating costs of providing employee
benefits, and other labor relations issues including contract
negotiations, expansion, liquidity, legal and administrative
proceedings, regulatory and accounting matters, changes in operating
conditions, and other risk factors relating to our business or
industry as detailed from time to time in SUPERVALU's reports filed
with the SEC. You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
news release. Unless legally required, SUPERVALU undertakes no
obligation to update publicly any forward-looking statements, whether
as a result of new information, future events or otherwise.

   You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this news release.
Unless legally required, SUPERVALU undertakes no obligation to update
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise.


    CONTACT: SUPERVALU INC.
             Yolanda Scharton (Investors and Financial Media)
             952-828-4540
             Yolanda.scharton@supervalu.com