KROGER CO — Director's Dealing 2007

Oct 17, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KROGER CO (KR)
CIK: 0000056873
Period of Report: 2007-10-16

Reporting Person: Williams R. Pete (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-16	Common Stock	M	9000	$22.2344	Acquired	55572.1684	Direct
2007-10-16	Common Stock	S	9000	$29.13	Disposed	46572.1684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-16	Non-Qualified Performance Stock Option	$22.2344	M	9000	Disposed	2008-04-16	Common Stock (9000)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 trading plan established on October 3, 2007.

F2: The total amount of securities directly owned by the reporting person includes shares in the Company's employee benefit plans that are deemed to be 'tax-conditioned plans' pursuant to Rule 16b-3, to the extent disclosed on reports received from plan trustees.

F3: These options will vest during the first four years from the date of the grant only if the Company's stock price has achieved a 63% appreciation from the option price. Thereafter, the options vest only if the Company's stock price has achieved a minimum of 13% appreciation per annum from the date of grant or 200% appreciation, whichever is less. The options vest nine years and six months after grant, if not sooner vested.