Exhibit 11.1

SAFEWAY INC. AND SUBSIDIARIES

Computation of Earnings Per Common Share

(In millions, except per-share amounts)

(Unaudited)

	12 Weeks Ended
	March 24, 2007				March 25, 2006
	Diluted		Basic		Diluted		Basic
Net income	$	174.4	$	174.4	$	142.9	$	142.9
Weighted average common shares outstanding		440.3		440.3		449.0		449.0
Common share equivalents		6.1				2.0
Weighted average shares outstanding		446.4				451.0
Earnings per share	$	0.39	$	0.40	$	0.32	$	0.32

Anti-dilutive shares totaling 12.3 million in 2007 and 25.5 million in 2006 have been excluded from diluted weighted average shares outstanding.