Winn-Dixie Sells Dixie Packers Manufacturing Facility To Smithfield Packing Company

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Sale Is Another Step Forward with Company's Asset Rationalization Plan

JACKSONVILLE, FL (September 08, 2004) - Winn-Dixie Stores, Inc. (NYSE: WIN) today announced that it has sold its Dixie Packers manufacturing facility in Madison County, Florida to The Smithfield Packing Company, Inc. The financial terms of the transaction were not disclosed.

“The sale of Dixie Packers is an important step forward with the strategic initiatives we announced last January to improve the Company’s competitive positioning,” said Winn-Dixie President and CEO Frank Lazaran.

 As part of the transaction, Winn-Dixie and Smithfield have entered into a supply agreement under which Smithfield will continue to provide Winn-Dixie with products manufactured at the Dixie Packers facility. Dixie Packers currently produces a range of smoked hams, hot dogs, sausage, sliced lunchmeats and other processed meat products for Winn-Dixie.

Winn-Dixie Stores, Inc. is one of the nation’s largest food retailers and ranks 162 on the FORTUNE 500® list.  Founded in 1925, the Company is headquartered in Jacksonville, FL.  Frank Lazaran serves as President and Chief Executive Officer.

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