updated 11/5/2010 8:16:10 AM ET 2010-11-05T12:16:10

GREENSBORO, N.C., Nov. 4, 2010 (GLOBE NEWSWIRE) -- The Fresh Market announced today the pricing of its initial public offering of its common stock at $22.00 per share. The offering will consist of 13,175,000 shares to be sold by stockholders of The Fresh Market. The underwriters have a 30-day option to purchase up to an additional 1,976,250 shares of common stock from the selling stockholders at the public offering price, less the underwriting discount.

The Fresh Market common stock will begin trading on The NASDAQ Global Select Market on November 5, 2010 under the symbol "TFM". 

BofA Merrill Lynch, J.P. Morgan and Goldman, Sachs & Co. are acting as joint book-running managers for the offering.

The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department, Email: dg.prospectus_requests@baml.com ; J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: (866) 803-9204; or Goldman, Sachs & Co., 200 West Street, New York, NY 10282, Attention: Prospectus Department, Tel: (866) 471-2526, Fax: (212) 902-9316.

A registration statement relating to the initial public offering of The Fresh Market's common stock was declared effective by the Securities and Exchange Commission (the "SEC") on November 4, 2010. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov .  This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About The Fresh Market

The Fresh Market is a high-growth specialty retailer focused on creating an extraordinary food shopping experience for its customers. Since opening its first store in 1982, The Fresh Market has offered high-quality food products, with an emphasis on fresh, premium perishables and an uncompromising commitment to customer service. The Fresh Market currently operates 100 stores in 20 states, located in the Southeast, Midwest, Mid-Atlantic and Northeast, with plans for continued expansion throughout the country.

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