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Fairway Group Holdings Corp. to Join the Russell Global Index

Fairway Group Holdings Corp. to Join the Russell Global Index

NEW YORK, July 1, 2013 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp.
("Fairway") (Nasdaq:FWM), the parent company of Fairway Market, today
announced its stock has been added to the Russell Global Index. The Russell
Indices provide a comprehensive and unbiased barometer for evaluating stock
performance in the U.S. and world-wide equity markets and are completely
reconstituted annually to ensure new and growing equities are reflected.
Initial public offerings are added to the Russell Indexes on a quarterly

"We are pleased to be added to the Russell 3000," said Charles Santoro,
Fairway's Executive Chairman. "Fairway has a bright growth outlook and we
believe inclusion in the index is an important recognition of this."

About Fairway Market

Fairway Market is a high-growth food retailer offering customers a
differentiated one-stop shopping experience "Like No Other Market®." Fairway
has established itself as a leading food retailing destination in the Greater
New York City metropolitan area, with stores that emphasize an extensive
selection of fresh, natural and organic products, prepared foods and
hard-to-find specialty and gourmet offerings, along with a full assortment of
conventional groceries. Fairway is headquartered in New York, New York.

CONTACT: Fairway Group Holdings Corp.
         Nicholas Gutierrez
         Manager of Finance & Investor Relations
         (646) 616-8103
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