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 7% QUARTERLY DIVIDEND INCREASE Contact: Kevin Begley, CFO (973) 467-2200, Ext. 220 Kevin.Begley@wakefern.com Springfield, New Jersey - June 13, 2008 - The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared a 7% increase in the quarterly cash dividend. The increased quarterly cash dividend is $.30 per Class A common share and $.195 per Class B common share. The dividends will be payable on July 24, 2008 to shareholders of record at the close of business on July 2, 2008. Village Super Market operates a chain of 25 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.