2006 News Releases
Investors:
(212) 521-4835
Media:
Kekst and Company
Michael Freitag
212-521-4800
WINN-DIXIE STOCK TRANSFER RESTRICTIONS
JACKSONVILLE, FL, November 28, 2006 -- Winn Dixie Stores, Inc. (Nasdaq: WINNV) (the "Company") today announced, pursuant to its Amended and Restated Articles of Incorporation, which became effective on November 21, 2006, that the number of the outstanding shares of its common stock (that shareholders should take into account in determining their percentage stock ownership of the Company) is 54.5 million shares. The Company’s Amended and Restated Articles of Incorporation provide that, in certain circumstances, transfers of the Company’s common stock by certain stockholders will be subject to advance notice requirements and possible restriction or prohibition. In this regard, the Company notes that, to the best of its knowledge, as of November 21, 2006, there was no person who would become a 5-percent shareholder of the Company based on the distributions to which such person was entitled as of November 21, 2006 pursuant to the Company’s plan of reorganization. A description of these restrictions and a complete copy of the Amended and Restated Articles of Incorporation are included in the Company's Form 8-A/A, which was filed with the U.S. Securities and Exchange Commission on November 21, 2006 and may be obtained at http://www.sec.gov.
The Company expects to again announce the number of the outstanding shares of its common stock shortly following the beginning of calendar years 2007 and 2008.
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News Release #7017