Whole Foods Market Announces 2-for-1 Stock Split

After the market close, Whole Foods Market (Nasdaq:WMFI) announced that its Board of Directors approved a 2-for-1 stock split of the Company's common stock. The stock split will be distributed on June 4, 2001 to all shareholders of record at the close of business on May 21, 2001. Shareholders will receive one additional share of Whole Foods Market common stock for each share owned; the new shares will be payable in the form of a stock dividend. After the split, approximately 54.6 million shares of the Company's stock will be outstanding.

Whole Foods also announced the signing of a definitive agreement to sell all of its interest in NatureSmart (formerly Amrion) to NBTY, Inc. for approximately $28 million in cash. The transaction is expected to close next week.

About the Company:

Whole Foods Market, a Fortune 1000 company, opened its first store in Austin, Texas, in 1980. Since then, Whole Foods has grown to operate the country's largest chain of natural foods supermarkets with 122 stores in 23 states plus the District of Columbia.

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