Ruddick Corporation (NYSE: news) today reported that its Board of Directors, at a regularly scheduled meeting, declared a quarterly dividend in the amount of $.09 per share to be paid on October 1, 2001, to shareholders of record on September 7, 2001.

Ruddick Corporation is a holding company which operates two subsidiaries: Harris Teeter, Inc., a regional chain of supermarkets in six southeastern states and American & Efird, Inc., a leading manufacturer and distributor of industrial sewing thread.

For more information on Ruddick Corporation, visit our web site at: www.ruddickcorp.com


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