Kimco Realty^®

Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of September 30, 2025, the company owned interests in 564 U.S. shopping centers and mixed-use assets comprising 100 million square feet of gross leasable space.

Kimco Realty's Use Of Social Media

The company announces material information to its investors using the company's investor relations website, SEC filings, press releases, public conference calls, and webcasts. The company also uses social media to communicate with its investors and the public, and the information the company posts on social media may be deemed material information. Therefore, the company encourages investors, the media, and others interested in the company to review the information that it posts on the company's social media channels, including Facebook and LinkedIn. The list of social media channels that the company uses may be updated on its investor relations website from time to time.

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Press Release

Kimco Realty Enters Into Venture to Acquire Albertson's, Inc.

Company Release - 1/23/2006

NEW HYDE PARK, N.Y., Jan. 23 /PRNewswire-FirstCall/ -- Kimco Realty Corporation (NYSE: KIM) today announced that it has entered into an agreement with an investment group led by Cerberus Capital Management, L.P. to acquire Albertson's stores in Dallas/Ft. Worth, Northern California, Florida, the Rocky Mountains and the Southwest. In addition to Kimco and Cerberus, the group includes Schottenstein Stores Corp., Lubert-Adler Partners and Klaff Realty, L.P. This transaction is part of a larger transaction to acquire Albertson's announced earlier today by SUPERVALU INC. (NYSE: SVU) and CVS Corporation (NYSE: CVS). Kimco anticipates funding its investment from existing cash balances, existing credit facilities and cash from operations.

Albertson's is one of the world's largest food and drug retailers. The Company's divisions and subsidiaries operate approximately 2,500 stores in 37 states across the U.S.

Kimco Realty Corporation is a publicly traded real estate investment trust that has specialized in shopping center acquisitions, development and management for more than 45 years. The Company owns and operates the nation's largest portfolio of neighborhood and community shopping centers with interests in 1,019 properties comprising approximately 129.0 million square feet of leasable space located throughout 44 states, Canada and Mexico.

     Scott G. Onufrey
     Vice President
     Kimco Realty  Corporation
     Work phone  516-869-7190

SOURCE  Kimco Realty Corporation
    -0-                             01/23/2006
    /CONTACT:  Scott G. Onufrey, Vice President of Kimco Realty Corporation,
+1-516-869-7190/
    /Web site:  http://www.kimcorealty.com /
    (KIM SVU CVS)

CO:  Kimco Realty Corporation; Albertson's, Inc. ; SUPERVALU INC.;
     CVS Corporation; Cerberus Capital Management, L.P.; Schottenstein Stores
     Corp., Lubert-Adler Partners; Klaff Realty, L.P.
ST:  New York
IN:  FOD REA RLT SUP
SU:  TNM JVN

DE
-- NYM140 --
1371 01/23/200606:35 ESThttp://www.prnewswire.com