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SHOPKO ANNOUNCES OFFERING OF SENIOR NOTES

 GREEN BAY, Wis., Aug. 18 /PRNewswire/ -- ShopKo Stores, Inc. (NYSE: SKO), announced that it had commenced the public offering of $100 million of its 6.5 percent Senior Notes due 2003. Goldman, Sachs & Co. and Lehman Brothers are the underwriters for the offering. The sale of the Senior Notes is expected to close on or about Aug. 25, 1993.
 ShopKo Stores, Inc., is a leading regional discount department store chain with 111 stores in 13 states. The company recorded sales of $1.7 billion last year (fiscal year ended Feb. 27, 1993) and recently announced plans to build 37 new stores in 1994-1996. ShopKo will open eight new stores in 1993 including stores in Dixon, Ill.; Loveland and Longmont, Colo.; Duluth, Minn.; Lacey, Wash.; and Sheboygan, Wis.; and relocated stores in Marshall, Minn., and Mitchell, S.D. Illinois and Colorado will become the 14th and 15th states in the ShopKo chain. ShopKo stock is traded on the New York Stock Exchange, Philadelphia, Midwest and Pacific exchanges under the symbol "SKO."
 -0- 8/18/93
 /CONTACT: Gene Bankers, vice president of ShopKo, 414-496-4158/
 (SKO)


CO: ShopKo Stores, Inc. ST: Wisconsin IN: REA SU: OFR

AR -- CL027 -- 4059 08/18/93 16:46 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
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