7-Eleven, Inc. U.S. Same-Store Merchandise Sales Grow 4.7 Percent; Total Merchandise Sales Rise 6.3 Percent

DALLAS, April 8 -- 7-Eleven, Inc. today reported total sales for March 2003 were $920.7 million, an increase of 15.5 percent over the March 2002 total of $797.3 million. Total merchandise sales for March 2003 were $612.8 million, an increase of 6.3 percent over the March 2002 total of $576.3 million. U.S. same-store merchandise sales for March 2003 increased 4.7 percent, on top of a 1.4 percent increase in March 2002.

Gasoline sales for March 2003 were $307.8 million, a 39.3 percent increase compared to $221.0 million in the prior-year period. Average gallons sold per store increased 2.8 percent in March 2003 compared to the March 2002 result. The average retail price of gasoline for March 2003 was $1.73, compared to $1.30 in March 2002.

Year-to-Date Results

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

  --  U.S. same-store merchandise sales have increased 4.5 percent, on top
      of a 3.7 percent increase for 2002.
  --  Merchandise sales are $1,717.0 million, an increase of 5.7 percent.
  --  Gasoline sales total $833.3 million, an increase of 45.2 percent.
  --  Average gallons sold per store have increased 5.9 percent.

7-Eleven, Inc. is planning to release first quarter 2003 earnings results on Tuesday, April 22, 2003.

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 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 .

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              Carole Davidson, CFA             Margaret Chabris
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