Exhibit 99.1

        Golden Enterprises, Inc Releases 1st Quarter Earnings

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Sept. 20, 2007--Golden
Enterprises, Inc.'s (NASDAQ: GLDC) Board of Directors today declared a
quarterly dividend of $.03125 per share payable October 31, 2007 to
stockholders of record as of October 5, 2007.

    For the thirteen weeks ended August 31, 2007, Golden Enterprises,
Inc.'s net income increased 283%. Basic and diluted earnings per share
were $.07 compared to $.02 last year, on net sales of $28,394,228
versus $27,824,938, a 2% increase. Sales continue to show increases
both organically and with innovative new products.

    Selling, general and administrative expenses decreased 1%, while
operating income increased 269% compared to last year.

    During our first quarter, Golden Flake introduced a unique energy
potato chip which offers consumers an energy boost infused with B
vitamins, taurine, and caffeine. NRG Potato chips are unlike any other
potato chips on the market today and compliment our assorted line of
quality snack products.

    The following is a summary of sales and income information for the
thirteen weeks ended August 31, 2007 and September 1, 2006.





                                              THIRTEEN WEEKS ENDED
                                          ----------------------------
                                           August 31,    September 1,
                                              2007           2006
                                          ------------   -------------

Net sales                                 $ 28,394,228   $  27,824,938
                                           ===========    ============

Income before income taxes                $  1,335,037   $     349,035
Income taxes                                   492,664         128,812
                                           -----------    ------------

Net income                                $    842,373   $     220,223
                                           ===========    ============

Basic and diluted earnings per share      $        .07   $         .02
                                           ===========    ============

Basic weighted shares outstanding           11,835,288      11,835,330
                                           ===========    ============

Diluted weighted shares outstanding         11,835,288      11,835,330
                                           ===========    ============


    This News Release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. Actual results could differ materially from those
forward-looking statements. Factors that may cause actual results to
differ materially include price competition, industry consolidation,
raw material costs and effectiveness of sales and marketing
activities, as described in the Company's filings with the Securities
and Exchange Commission.

    CONTACT: Golden Enterprises, Inc.
             Patty Townsend, 205-458-7132