Ruddick (RDK)

LEASES

The Company leases certain equipment under agreements expiring during the next 6 years. Harris Teeter leases most of its stores under leases that expire during the next 25 years. It is expected that such leases will be renewed by exercising options or replaced by leases of other properties. Most store leases provide for additional rentals based on sales, and certain store facilities are sublet under leases expiring during the next 10 years. Certain leases also contain rent escalation clauses (step rents) that require additional rental amounts in the later years of the term.

Rent expense for the fiscal years was as follows (in thousands):

Future minimum lease commitments (excluding leases assigned - see below) and total minimum sublease rental income to be received under non-cancelable subleases at September 28, 2008 were as follows (in thousands):

In connection with the closing of certain store locations, Harris Teeter has assigned leases to other merchants with recourse. These leases expire over the next 13 years and the future minimum lease payments totaling $57,745,000 over this period have been assumed by these merchants.

LEASES

The Company leases certain equipment
under agreements expiring during the next 6 years. Harris Teeter leases most of
its stores under leases that expire during the next 25 years. It is expected
that such leases will be renewed by exercising options or replaced by leases of
other properties. Most store leases provide for additional rentals based on
sales, and certain store facilities are sublet under leases expiring during the
next 10 years. Certain leases also contain rent escalation clauses (step rents)
that require additional rental amounts in the later years of the
term.

Rent expense for the fiscal years was
as follows (in thousands):

Future minimum lease commitments
(excluding leases assigned - see below) and total minimum sublease rental income
to be received under non-cancelable subleases at September 28, 2008 were as
follows (in thousands):

In connection with the closing of
certain store locations, Harris Teeter has assigned leases to other merchants
with recourse. These leases expire over the next 13 years and the future minimum
lease payments totaling $57,745,000 over this period have been assumed by these
merchants.

LEASES

The Company leases certain equipment under agreements expiring during the next 6 years. Harris Teeter leases most of its stores under leases that expire during the next 25 years. It is expected that such leases will be renewed by exercising options or replaced by leases of other properties. Most store leases provide for additional rentals based on sales, and certain store facilities are sublet under leases expiring during the next 11 years. Certain leases also contain rent escalation clauses (step rents) that require additional rental amounts in the later years of the term.

Rent expense for the fiscal years was as follows (in thousands):

35

LEASES

     The Company leases certain equipment under agreements expiring during the next 6 years. Harris Teeter leases most of its stores under leases that expire during the next 26 years. It is expected that such leases will be renewed by exercising options or replaced by leases of other properties. Most store leases provide for additional

40