PTMK Pathmark Stores (MM)

Pathmark Stores, Inc. (Nasdaq: PTMK) announced that it has closed on The Yucaipa Companies LLC investment approved by its shareholders this afternoon. Pathmark Stores is a major supermarket company operating in the New York - New Jersey and Philadelphia metropolitan areas and operates 142 stores. Additional information about Pathmark may be found at its website, www.pathmark.com. Yucaipa is widely recognized as a leader in acquisitions, mergers and management of large retail, manufacturing, distribution and logistics entities. This press release contains certain "forward-looking statements" that are subject to risks and uncertainties and could cause actual results to differ materially. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Factors that may affect results include changes in business and economic conditions generally and in the Company's operating areas, the competitive environment in which the Company operates and other risks detailed from time to time in the Company's reports and filings available from the Securities and Exchange Commission.