June 3rd, 2008 – Houchens Industries announced today that the acquisition of Buehlers Foods has been completed.

Buehler Foods operates conventional retail grocery stores in Indiana, Kentucky and Illinois, and enjoys a prominent market share position in several of the markets that they service. “With continuing pressures in the marketplace, and the ongoing need for expansion and investment in the employees of Buehler Foods futures, Houchens Industries provides a unique opportunity for our company. With a significant interest in retail grocery already, Houchens provides the hard working and talented associates of Buehler foods the best opportunity that we can see to continue to service our customers, potentially expand that base; and provide stability to the 1500+ associates of the company and their families, in a way that today’s environment has prevented us from doing”.

Established in 1917 in Glasgow, Kentucky, Houchens Industries, Inc., is one of the largest 100% employee owned companies in the United States and currently operates businesses in Insurance, Manufacturing, Web Development, Retail Grocery and Convenience Stores, Quick-to-Service Restaurants, Construction, Paving, Trucking, Recycling, Tanning Supply Distribution, Optical Stores, Financial Services and Property Management. Houchens’ companies employ more than 12,000 people.