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FRED MEYER BEGINS TRADING ON NEW YORK STOCK EXCHANGE

 FRED MEYER BEGINS TRADING ON NEW YORK STOCK EXCHANGE
 PORTLAND, Ore., Sept. 11 /PRNewswire/ -- If you have trouble finding information about Fred Meyer's common stock in the newspaper, you might not be looking in the right place because the company's stock began trading this week for the first time on the New York Stock Exchange (NYSE), Fred Meyer (NYSE: FMY) said today.
 Starting Sept. 9, Fred Meyer began using "FMY" as the new NYSE symbol for its common stock, with the daily price quotation appearing alphabetically under "F" in the NYSE stock tables. It will normally be shown in the Wall Street Journal as "FredMeyer" and in other newspapers as "Fred My." For the past six years, Fred Meyer's common stock has been trading on the NASDAQ over-the-counter market using "MEYR" as its symbol.
 "We switched to the New York Stock Exchange to receive broader exposure for our common stock and attract more investors," Robert G. Miller, chairman of the board and chief executive officer, said. In a ceremony on the floor of the NYSE, Miller purchased the first Fred Meyer shares traded.
 Fred Meyer is headquartered in Portland, and is a leading regional retailer of a wide range of food, apparel, general merchandise, home electronics, fine jewelry and home improvement products sold in unique one-stop-shopping stores ranging in size up to 200,000 square feet. The company employs 24,000 people and operates 123 stores, including 95 of its large multidepartment stores, in Oregon, Washington, Utah, Idaho, Alaska, California and Montana. The company reported earnings of $45.2 million on sales of $2.7 billion for 1991.
 -0- 9/11/92
 /CONTACT: Rob Boley of Fred Meyer, 503-233-7176/
 (FMY) CO: Fred Meyer Inc. ST: Oregon IN: REA SU:


LM-SC -- SE005 -- 8527 09/11/92 14:13 EDT
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Publication:PR Newswire
Date:Sep 11, 1992
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