Safeway reaches tentative pact for new collective bargaining agreements with workers in company's Maryland, Virginia, Washington, D.C., stores

PLEASANTON, California , March 29, 2012 (press release) – Safeway Inc. (NYSE: SWY) announced today it has reached tentative agreements for new collective bargaining agreements with UFCW Locals 27 and 400. The agreements cover employees in Safeway's Maryland, Virginia and Washington, D.C. area stores. The local unions will be presenting the tentative agreements to the company's employees covered by the agreements for ratification at meetings to be scheduled by the unions.

About Safeway

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 1,678 stores in the United States and western Canada and had annual sales of $43.6 billion in 2011.

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