INDIANAPOLIS, June 29, 2001 (PRIMEZONE) -- Marsh Supermarkets Inc. (Nasdaq:MARSA) (Nasdaq:MARSB) today announced that it has an agreement to purchase a majority of the assets of Carter's Supermarkets, a two-store central Indiana chain.

Carter's, a family-owned business since 1949, operates a store in Tipton and a second store location in Elwood.

"We look forward to continuing service to our central Indiana communities," said Don E. Marsh, Chairman, President and CEO Marsh Supermarkets Inc., "We, like Carter's, have a long history in Indiana and we look forward to this opportunity." Marsh said the Carter's employees will be encouraged to stay in the new arrangement.

Mike Carter, President of Carter's Supermarkets, stated, "I want to thank all of our customers for their patronage. We have served this market for 52 years and we feel good knowing that it is being passed to a very adept Indiana-based company."

Marsh Supermarkets, one of the largest regional grocery chains in the United States, operates 70 Marsh Supermarkets, 29 LoBill Food Stores, 2 Savin*$(r), 8 O'Malia Food Markets and 188 Village Pantry(r) convenience stores in central Indiana and western Ohio. The Company also operates Convenience Store Distributing Company, a wholesale food and grocery merchandising company that services 1,300 stores in a nine-state area, and Crystal Food Services(tm), which provides upscale catering, cafeteria management, office coffee vending and concessions, Primo Banquet Catering and Conference Centers and McNamara Florists and Enflora - Flowers for Business.

Marsh Supermarkets is a publicly held company that employs through its various divisions, 16,000 people, principally in a two-state area. Marsh common stock is traded on the Nasdaq National Market System (MARSA and MARSB).

Marsh Supermarkets, Indianapolis 
Jodi Marsh
(317) 594-2640