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CVS/pharmacy Charitable Trust Awards $11,000 Dollars to Non-Profit Organization in Alabama

-- Local donations are part of 1.7 million dollars in grant funds provided by CVS/pharmacy's charitable foundation to 76 organizations across the country --

PRNewswire-FirstCall
WOONSOCKET, R.I.
Mar 14, 2005

The CVS/pharmacy Charitable Trust, the private foundation managed by CVS Corporation , announced today that it has awarded an $11,000 grant to one non-profit organization in Alabama.

"We are pleased to support these very worthy charities that are working hard in our communities to improve people's lives," said Eileen Howard Dunn, Vice President of the CVS/pharmacy Charitable Trust. "A CVS/pharmacy Charitable Trust grant is an effective way for us to give back to the communities where we do business," stated Howard Dunn.

Grants were awarded to organizations dedicated to healthcare, education and community engagement. "The foundation focuses on those projects that clearly demonstrate they are meeting a need within the community, and where collaborative efforts and measurement tools are in place to track success. We are confident that each of the non-profits we chose to work with in the coming year will create positive change and influence in the communities we serve together," said Howard Dunn.

In many cases, CVS/pharmacy associates become involved with grantees by providing volunteer assistance, participating in other fund-raisers and assisting in outreach and education services.

Alabama based organization that received a grant from the CVS/pharmacy Charitable Trust is:

Literacy Coalition of South Alabama

Description of grant: The Trust is funding the "Healthy Literacy Initiative." Its goal is to raise awareness among health care providers regarding the critical nature of health literacy in Southern Alabama. They will work with the health care community to identify clients with literacy deficiencies. Ultimately this will encourage dialogue and improve the client and health care provider relationship.

  Link to website: http://www.readlcsa.org/
  Contact name at organization: Carolyn Douglas (251) 461-0808

The CVS/pharmacy Charitable Trust will be accepting applications for 2005 grants from May 1 to June 15, 2005.

For additional information, go to http://www.cvs.com/corpInfo/community/charitable_mission.html.

The CVS Charitable Trust, Inc. is a private foundation managed by CVS Corporation, which operates more than 5,000 CVS/pharmacy stores in 36 states. The Trust's mission is to provide funding for health care, education and community involvement initiatives in communities where CVS stores are located. General information about CVS is available through the Investor Relations

portion of the Company's website at http://investor.cvs.com/, or through the website's press room at http://www.cvs.com/pressroom.

  CONTACT:
   Mike DeAngelis
   CVS Corporation
   401-770-2645

SOURCE: CVS/pharmacy Charitable Trust

CONTACT: Mike DeAngelis of CVS Corporation, +1-401-770-2645