VILLAGE SUPER MARKET, INC.
                        EXECUTIVE OFFICES
                       733 Mountain Avenue
                  Springfield, New Jersey 07081
                     Phone:  (973) 467-2200
                      Fax:  (973) 467-6582



                    VILLAGE SUPER MARKET, INC.
                  DECLARES 12% DIVIDEND INCREASE



Contact:    Kevin Begley, CFO
            (973) 467-2200, Ext. 220
            [email protected]



     Springfield, New Jersey - December 7, 2007 - The Board of Directors of
Village Super Market, Inc. (NSD-VLGEA) declared a 12% increase in the
quarterly cash dividend.  The increased quarterly cash dividend is $.28 per
Class A common share and $.182 per Class B common share.  The dividends will
be payable on January 24, 2008 to shareholders of record at the close of
business on December 27, 2007.

     Village Super Market operates a chain of 25 supermarkets under the
ShopRite name in New Jersey and eastern Pennsylvania.