VILLAGE SUPER MARKET, INC. EXECUTIVE OFFICES 733 Mountain Avenue Springfield, New Jersey 07081 Phone: (973) 467-2200 Fax: (973) 467-6582 VILLAGE SUPER MARKET, INC. DECLARES INCREASED DIVIDEND Contact: Kevin Begley, CFO (973) 467-2200, Ext. 220 Kevin.Begley@wakefern.com Springfield, New Jersey - September 8, 2006 - The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared a quarterly cash dividend of $.28 per Class A common share and $.182 per Class B common share. These dividends represent a 12% increase from the prior dividend. The dividends will be payable on October 26, 2006 to shareholders of record at the close of business on September 29, 2006. Village Super Market operates a chain of 23 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.