Contact: Marie McGeehan at Casey Communications, Inc., 314/962-0944, or Dee Wetzel at Schnuck Markets, Inc., 314/994-4608.

January 8, 1998

St. Louis Minority Business Council Honors Schnuck Markets' Frank Roeder

ST. LOUIS -- The St. Louis Minority Business Council awarded the Chairman's Award of Excellence for 1997 to Frank Roeder, vice president, engineering and physical resources for Schnuck Markets Inc.

The award recognizes exemplary service to the council in promoting and advocating minority business in the St. Louis region, and dedicated service and leadership to the board of directors.

"There is no person in St. Louis business who is more concerned about including small and minority business owners in major projects than Frank," said Mitchell P. Baden, chairman of the St. Louis Minority Business Council board of directors. "He works tirelessly on behalf of Schnucks to make sure there is a good number of minority businesses included in all projects Schnucks is involved in."

"There is no finer person I know. When he says he is going to do something, he does it. I was thrilled to present the award. There is nobody more deserving."

Roeder has served on the board of directors of the St. Louis Minority Business Council since 1993. He received the award at the 1997 Excellence Awards Program held Dec. 10 at the Marriott Pavilion. This is the first time the award recognized an individual. Previous winners of the award were Civic Progress in 1995 and Union Electric in 1996. In addition to his work for Schnucks, Roeder was instrumental in recruiting new board members when the council re-organized in 1994. He also led a committee responsible for developing a personnel policy and manual for council employees.

"I was totally shocked to receive the award," said Roeder. "I am very proud of it. I really enjoy my work with the organization. The St. Louis Minority Business Council definitely makes a difference for minority businesses in St. Louis. There are so many more opportunities for minority businesses because of the council's work. More St. Louis corporations are talking to minority businesses because of them." "We are very pleased that Frank has been recognized for his efforts in promoting minority business development," said Craig D. Schnuck, chairman and chief executive officer of Schnuck Markets, Inc. "Schnucks actively supports the work of the St. Louis Minority Business Council and believes the dialogue and relationships the council promotes minority business and therefore invigorates the economic health of the St. Louis region."

The St. Louis Minority Business Council, a not-for-profit organization, was founded in 1973. The organization links corporations with minority businesses with the goal of creating a business climate in which purchasing from minority firms becomes a normal corporate practice, thereby increasing business opportunities for minority entrepreneurs as well as enhancing the economy of the region.

Schnuck Markets, Inc. currently operates stores in Missouri, Illinois and Indiana. The family-owned company was founded in St. Louis in 1939.