VILLAGE SUPER MARKET, INC. 733 MOUNTAIN AVENUE SPRINGFIELD, NEW JERSEY 07081 PHONE: (973) 467-2200 FAX: (973) 467-6582 VILLAGE SUPER MARKET, INC. ANNOUNCES INCREASED QUARTERLY DIVIDEND Contact: Kevin Begley, CFO (973) 467-2200, Ext. 220 Springfield, New Jersey - March 10, 2006 - The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared a quarterly cash dividend of $.21 per Class A common share and $.137 per Class B common share. These dividends represent an annualized 20% increase from the prior dividend, which had been paid on a semi-annual basis. These dividends will be payable on April 27, 2006 to shareholders of record at the close of business on March 30, 2006. Village Super Market operates a chain of 23 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.