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Pathmark

is one of the nation's leading supermarket retailers located in the densely populated New York/New Jersey/Philadelphia corridor.

Pathmark currently operating 140 stores in four states (New Jersey, New York, Pennsylvania and Delaware), Pathmark supermarkets are large (average 53,000 sq. ft.) and productive ($738 per selling sq. ft.), relative to the market and national average.

All existing Pathmark facilities are situated within 100 miles of the Carteret, New Jersey based corporate offices.

Carteret, New Jersey, April 5, 2006 - Pathmark Stores, Inc. (Nasdaq: PTMK) today reported unaudited results
for its fourth quarter and fiscal year ended January 28, 2006.

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Sales for the fourth quarter of fiscal 2005 were $993.3 million, a decrease of 0.4% from $996.8 million in the prior
year’s fourth quarter. Same-store sales decreased 0.8% in the fourth quarter of fiscal 2005. The Company
reported a net loss of $14.6 million, or $0.28 per diluted share, in the fourth quarter of fiscal 2005 compared to a
net loss of $301.6 million, or $10.03 per diluted share, in the prior year’s fourth quarter.

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The results for the fourth quarter of fiscal 2005 and fiscal 2004 included the adjustments listed in Table C. Excluding these adjustments, the fourth quarter of fiscal 2005 net loss would have been $9.0 million, or $0.17 per diluted share, and the fourth quarter of fiscal 2004 net earnings would have been $1.3 million, or $0.04 per diluted share. Adjusted EBITDA in the fourth quarter of fiscal 2005 (which is reconciled to the net loss in Table E) decreased from $45.4 million to $27.0 million, primarily due to higher shrink and higher SG&A, particularly in energy-related costs. FULL PRESS RELEASE

Source: http://www.pathmark.com