Winn-Dixie Stores, Inc. Common Stock Quoted in 'Pink Sheets' Under Symbol 'WNDXQ'

Winn-Dixie Stores, Inc. Common Stock Quoted in 'Pink Sheets'
Under Symbol 'WNDXQ' 


JACKSONVILLE, Fla., Feb. 23  /PRNewswire-FirstCall/ -- Winn-Dixie Stores, Inc.
announced that the ticker symbol "WNDXQ" has been assigned to its common stock.
The company's common stock will be quoted on the Pink Sheets Electronic
Quotation Service under this new symbol.  Information about this service is
available at http://www.pinksheets.com/ .  As previously announced, the New
York Stock Exchange (NYSE) has suspended trading of Winn-Dixie's common stock
and intends to initiate proceedings to delist the securities as a result of the
Company's filing of its Chapter 11 petition on February 21, 2005.

About Winn-Dixie

Winn-Dixie Stores, Inc., is one of the nation's largest food retailers. Founded
in 1925, the Company is headquartered in Jacksonville, FL. For more
information, please visit http://www.winn-dixie.com/.

More information about Winn-Dixie's reorganization case is available on the
Company's Web site at http://www.winn-dixie.com/ or as follows: Customers:
1-866-WINN-DIXIE (1-866-946-6349), Media: Kekst and Company -- Wendi Kopsick,
[phone], Caroline Gentile, [phone], or Michael Freitag, (212)
521-4896. Investors: [phone].

Forward-Looking Statements

Certain statements made in this press release may constitute "forward- looking
statements" within the meaning of the federal securities laws. These
forward-looking statements involve certain risks and uncertainties. Actual
results may differ materially from the expected results described in the
forward-looking statements. These forward-looking statements include and may be
indicated by words or phrases such as "anticipate," "estimate," "plans,"
"expects," "projects," "should," "will," "believes," or "intends" and similar
words and phrases.  There are a number of factors that could cause the
Company's actual results to differ materially from the expected results
described in the Company's forward-looking statements.

There can be no assurance that the Company's restructuring will be successful. 
Risk factors related to its restructuring efforts that could cause actual
results to differ from these forward-looking statements include, but are not
limited to, the following: the Company's ability to continue as a going
concern; the Company's ability to obtain court approval for its DIP facility;
court approval of the Company's first day papers or other motions filed with
the bankruptcy court from time to time; the ability of the Company to operate
under the terms of the Company's DIP facility; the ability of the Company to
develop, confirm and consummate plans of reorganization; risks associated with
third parties seeking and obtaining court approval to terminate or shorten
plans of reorganization, for the appointment of a Chapter 11 trustee or to
convert the cases to chapter 7 cases; the potential adverse impact of the
Chapter 11 cases on the Company's liquidity and results of operations; the
ability of the Company to obtain and maintain trade credit and shipments and
terms with vendors and service providers for current and future orders and to
maintain in-stock positions for all of its product offerings; the Company's
ability to maintain contracts that are critical to its operations; the ability
of the Company to attract and retain customers; the ability of the Company to
attract, motivate and retain key executives and associates; and potential
adverse publicity.

In addition, the Company faces a number of risks with respect to its continuing
business operations, including but not limited to: the Company's ability to
execute its strategic initiatives, including asset rationalization, store
upgrades, expense reduction, brand positioning and customer service, and to
fund its store upgrades and brand positioning initiatives; the Company's
ability to increase sales and market share through the brand-related
initiatives being tested in the Company's lead markets; the Company's ability
to increase capital spending levels in the future to invest in its store base
and other capital projects; the Company's ability to manage its inventory
efficiently; and the Company's response to the entry of new competitors in its
markets, including traditional grocery store openings and the entry of non-
traditional grocery retailers such as mass merchandisers, supercenters,
warehouse club stores, dollar-discount stores, drug stores and conventional
department stores.

Please refer to discussions of these and other factors in this news release, in
the Company's Annual Report on Form 10-K for the fiscal year ended June 30,
2004, the Quarterly Report on Form 10-Q for the quarter ended January 12, 2005,
and other Company filings with the Securities and Exchange Commission. These
statements are based on current expectations and speak only as of the date of
such statements. The Company undertakes no obligation to publicly revise or
update these forward-looking statements, whether as a result of new
information, future events or otherwise. 

DATASOURCE: Winn-Dixie Stores, Inc.



CONTACT:  Investors, [phone], or Media, Wendi Kopsick,

[phone], or Caroline Gentile, [phone], or Michael Freitag,

[phone], all of Kekst and Company, for Winn-Dixie Stores, Inc.



Web site:  http://www.winn-dixie.com/

http://www.pinksheets.com/ 

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