Arden Group, Inc. (Nasdaq:ARDNA) announced that its Board of Directors has declared a regular quarterly dividend of 25 cents per share of Class A Common Stock payable on October 19, 2012 to stockholders of record as of the close of business on September 28, 2012. As of June 30, 2012, there were 3,071,000 Class A shares outstanding.

Arden Group, Inc. is the parent company of Gelson's Markets which operates 17 full-service supermarkets in Southern California carrying both perishable and grocery products.

Arden Group, Inc.
Patricia S. Betance
Assistant Secretary
310/638-2842