New York, April 18, 2014 -- SUPERVALU INC. ("SUPERVALU") announced on Thursday, April 17, 2014 that it has successfully completed the repricing, amendment and extension of its existing $1 billion asset-based revolving credit facility, which is secured by the Company's inventory, credit card and certain other receivables and certain other assets. The amendment reduces the interest rate margin by 25 basis points. More importantly the amendment also eliminates the springing maturity provision that would have accelerated the revolving credit facility's maturity to 90 days prior to May 1, 2016 if more than $250 million of the Company's 8% senior notes remained outstanding as of that date. The maturity date of the revolving credit facility was extended by eleven months to February 2019. The amount of 8% senior notes currently outstanding total $628 million.

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