THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Albertson's, Inc. (ABS)

5/6/2005 Proxy Information

Prior to becoming an executive officer of Albertsons, Duncan C. Mac Naughton, a current executive officer, was eligible for and received an interest free relocation loan from the Company in accordance with the CompanyÕs standard relocation program for non-executive officers. The loan was repaid in its entirety prior to Mr. Mac NaughtonÕs appointment as an executive officer. The maximum amount of indebtedness outstanding at any time was $239,700.

4/29/2004 Proxy Information

During the fiscal year ended January 29, 2004, one store lease and two office space leases were held by Alscott Real Estate LLC, as landlord, and Albertsons, as tenant. Alscott Real Estate LLC is managed by Alscott, Inc., an Idaho corporation of which J.B. Scott, a director of the Company, is Chairman of the Board and has a majority ownership interest. The term of the store lease is for a period of 44 years with the expiration date of the primary term occurring in 2014. The office space leases are for a 20-year primary term and a 5-year primary term expiring in 2017 and 2004. The latter has expired and was not renewed. The total rentals, common area maintenance fees and taxes paid by the Company under the leases to this landlord during the fiscal year ended January 29, 2004 were $1,075,962.

In the opinion of management, the foregoing transactions were fair and reasonable and were entered into on terms not less favorable than could be obtained in transactions with responsible third parties.

4/30/2003 Proxy Information

During the fiscal year ended January 30, 2003, one store lease and two office space leases were held by Alscott Real Estate LLC, as landlord, and Albertsons as tenant. Alscott Real Estate LLC is managed by Alscott, Inc., an Idaho corporation of which J.B. Scott, a director of the Company, is Chairman of the Board and has a majority ownership interest. The term of the store lease is for a period of 44 years with the expiration date of the primary term occurring in 2014. The office space leases are for a 20-year primary term and a 5-year primary term expiring in 2017 and 2004. The total rentals, common area maintenance fees and taxes paid by the Company under the leases to this landlord during the fiscal year ended January 30, 2003 were $1,096,593.

During the fiscal year ended January 30, 2003, 8 store leases were held by DSRG, Inc., as landlord, and Albertsons, or one of its wholly-owned subsidiaries, as tenant, and DSRG, Inc. served as the common area maintenance director for 8 other stores owned or leased by Albertsons, or one of its wholly-owned subsidiaries. DSRG, Inc. is a real estate investment trust of which J.B. Scott was a director and of which Alscott Limited Partnership owned over 10%. The general partner of Alscott Limited Partnership is Alscott, Inc., an Idaho corporation of which J.B. Scott is Chairman of the Board and has a majority ownership interest and the limited partners include J.B. Scott. The store leases are for various primary terms with expirations ranging from 2002 to 2020. The total rentals, common area maintenance fees and taxes paid by the Company under the leases to this landlord during the fiscal year ended January 30, 2003 were $2,213,024. As of December 30, 2002, J.B. Scott was no longer a director of DSRG, Inc. and Alscott Limited Partnership no longer had any interest in DSRG, Inc.

Cecil D. Andrus, a director of the Company, is of counsel to the Gallatin Group, a public affairs consulting firm. During the fiscal year ended January 30, 2003, the Company paid the Gallatin Group $107,449 for consulting services.

Two executive officers of the Company, Lawrence A. Stablein, Executive Vice President, Marketing and Merchandising, and Ertharin Cousin, Senior Vice President, Public Affairs, were previously officers of American Stores Company and had full-recourse interest bearing notes outstanding for the purchase of stock under an American Stores Company stock plan during the fiscal year ended January 30, 2003. The interest rate on each of the loans was 8% during the fiscal year. The highest aggregate outstanding balance of Mr. Stablein's loan during the fiscal year was $123,945 and the amount of the loan outstanding at the end of the fiscal year was zero. The highest aggregate outstanding balance of Ms. Cousin's loan during the fiscal year was $161,004 and the amount of the loan outstanding at the end of the fiscal year was zero.