VILLAGE SUPER MARKET, INC. 733 MOUNTAIN AVENUE SPRINGFIELD, NEW JERSEY 07081 PHONE: (973) 467-2200 FAX: (973) 467-6582 VILLAGE SUPER MARKET, INC. INCREASES DIVIDEND 28% Contact: Kevin Begley, CFO (973) 467-2200, Ext. 220 Springfield, New Jersey - June 24, 2005 - The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) announced a 28% increase in the semi-annual cash dividend. The increased semi-annual dividend will be $.32 per Class A common share and $.208 per Class B common share. These dividends will be payable on August 19, 2005 to shareholders of record at the close of business July 22, 2005. Village Super Market operates a chain of 23 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.