AMCON Announces New Annual Meeting Date.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--March 8, 2004

AMCON Distributing Company (AMEX:DIT), an Omaha, NE based consumer products company, announced today that is has moved its Annual Meeting date to May 11, 2004 and that the new record date for voting at the meeting would be March 26, 2004.

Michael D. James, Chief Financial Officer of AMCON stated "We are moving the meeting back because the SEC review process with respect to our proxy statement took longer than we anticipated. By the time we received SEC approval, we were left with a very short window between mailing and the original meeting date. Due to the importance of the matters to be voted upon, namely a proposed reverse stock split, we felt it was appropriate to give our shareholders an opportunity to fully review the proxy statement before sending in their proxies."

AMCON is a leading wholesale distributor of consumer products including beverages, candy, tobacco, groceries, food service, frozen and chilled foods, and health and beauty care products with distribution centers in Illinois, Missouri, Nebraska, North Dakota, South Dakota and Wyoming. Chamberlin's Natural Foods, Inc. and Health Food Associates, Inc., both wholly-owned subsidiaries of The Healthy Edge, Inc. (formerly Food For Health Co., Inc.), operate health and natural product retail stores in central Florida (7), Kansas, Missouri, Nebraska and Oklahoma (3). The retail stores operate under the names Chamberlin's Market & Cafe and Akin's Natural Foods Market. Hawaiian Natural Water Company, Inc., which was acquired in December of 2001, produces and sells natural spring water under the Hawaiian Springs label. The water is bottled at the source on the Big Island of Hawaii. The Beverage Group, Inc. markets and distributes Hawaiian Springs and other premium beverage products, including HYPE Energy Drink, Royal Kona Iced Coffee, Bottle Green Presse and Fruit Sodas, Bahia drinks and Xterra, a line of sports beverages and energy bars, in the United States, Canada and Mexico.

This news release contains forward looking statements that are subject to risks and uncertainties and which reflect management's current beliefs and estimates of future economic circumstances, industry conditions, Company performance and financial results. A number of factors could affect the future results of the Company and could cause those results to differ materially from those expressed in the Company's forward looking statements. Moreover, past financial performance should not be considered a reliable indicator of future performance. Accordingly, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 with respect to all such forward-looking statements.

Visit AMCON Distributing Company's web site at: www.amcon.com