Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, June 17, 1993                   TAG: 9306170131
SECTION: BUSINESS                    PAGE: B7   EDITION: METRO 
SOURCE: 
DATELINE: SALISBURY, N.C.                                LENGTH: Short

FOOD LION CO-FOUNDER TO SELL MORE STOCK

The move further distances Ralph Ketner from the Salisbury-based supermarket chain he helped establish more than 25 years ago.

The sale will mark the third time in the past six months that Ketner has sold large chunks of his stock, reducing his shares 40 percent.

Ketner, 72, was traveling and could not be reached for comment. Food Lion officials did not immediately return telephone calls.

Ketner has said he is selling stock to diversify his family's financial holdings, not because the company has hit tough times.

The latest stock sale filing with the Securities and Exchange Commission represents about $7 million.

In February, Ketner and his wife, Anne, sold 1.4 million shares. In April, they sold 1.6 million shares, a week after Ketner said he was quitting the board of directors. - Associated Press