Press Release

DBRS Rates Sobeys $150 Million New Issue at BBB, Stable

Consumers
June 02, 2010

DBRS has today assigned a rating of BBB with a Stable trend to Sobeys Inc.’s $150 million issue of medium-term notes, due June 7, 2040, pursuant to a Supplement to the Short Form Base Shelf Prospectus dated June 1, 2010.

Note:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Food Retailers, which can be found on our website under Methodologies.

This is a Corporate (Consumers) rating.

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