7-Eleven, Inc. U.S. Same-Store Merchandise Sales Grow 2.1 Percent; Total Merchandise Sales Rise 3.2 Percent

DALLAS, March 11 -- 7-Eleven, Inc. today reported total sales for February 2003 were $797.6 million, an increase of 15.7 percent over the February 2002 total of $689.2 million. Total merchandise sales for February 2003 were $532.9 million, an increase of 3.2 percent over the February 2002 total of $516.5 million. U.S. same-store merchandise sales for February 2003 increased 2.1 percent, on top of a 5.8 percent increase in February 2002.

Gasoline sales for February 2003 were $264.6 million, a 53.2 percent increase compared to $172.7 million in the prior-year period. Average gallons sold per store increased 5.5 percent in February 2003 compared to the February 2002 result. The average retail price of gasoline for February 2003 was $1.65, compared to $1.15 in February 2002.

Year-to-Date Results

The following results compare year-to-date results through February 2003 to the same period last year:

  --  U.S. same-store merchandise sales have increased 4.4 percent, on top
      of a 5.0 percent increase for 2002.
  --  Merchandise sales are $1,104.2 million, an increase of 5.1 percent.
  --  Gasoline sales total $525.5 million, an increase of 49.0 percent.
  --  Average gallons sold per store have increased 7.7 percent.

  About 7-Eleven, Inc.

7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, Texas, 7-Eleven, Inc. operates or franchises approximately 5,800 7-Eleven(R) stores in the United States and Canada and licenses approximately 19,000 7-Eleven(R) stores in 17 other countries and territories throughout the world. During 2002, 7-Eleven(R) stores worldwide generated total sales of more than $33 billion. Find out more online at www.7-Eleven.com .