Arden Group, Inc. Declares Quarterly Dividend

  Arden Group, Inc. Declares Quarterly Dividend

Business Wire

LOS ANGELES -- November 15, 2012

Arden Group, Inc. (Nasdaq:ARDNA) announced that its Board of Directors has
declared a regular quarterly dividend of 25 cents per share of Class A Common
Stock payable on January 18, 2013 to stockholders of record as of the close of
business on December 28, 2012. As of September 28, 2012, there were 3,071,000
Class A shares outstanding.

Arden Group, Inc. is the parent company of Gelson’s Markets which operates 17
full-service supermarkets in Southern California carrying both perishable and
grocery products.

Contact:

Arden Group, Inc.
Patricia S. Betance
Assistant Secretary
310/638-2842
 
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