Shoppers Drug Mart Corporation to release fourth quarter results on February 12 and hold analyst conference call



    TORONTO, Jan. 15 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) today
announced that on Thursday, February 12, 2009, it will release financial
results for its fourth quarter and fiscal year ended January 3, 2009.
    The Company will hold an analyst call on February 12, 2009 at 3:30 p.m.
(Eastern Standard Time) to discuss the results. The call may be accessed by
dialing 416-641-6114 from within the Toronto area, or 1-866-696-5895 outside
of Toronto. The call will also be simulcast on the Company's website for all
interested parties. The webcast can be accessed via the Investor Relations
section of the Shoppers Drug Mart website at www.shoppersdrugmart.ca.
    The conference call will be archived in the Investor Relations section of
the Shoppers Drug Mart website until the Company's next analyst call. A
playback of the call will also be available by telephone until 11:59 p.m.
(Eastern Standard Time) on February 26, 2009. The call playback can be
accessed after 5:00 p.m. (Eastern Standard Time) on February 12, 2009 by
dialing 416-695-5800 from within the Toronto area, or 1-800-408-3053 outside
of Toronto. The seven-digit passcode number is 3280293.

    Shoppers Drug Mart Corporation is one of the most recognized and trusted
names in Canadian retailing. The Company is the licensor of full-service
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in
Québec). With more than 1,120 Shoppers Drug Mart and Pharmaprix stores
operating in prime locations in each province and two territories, the Company
is one of the most convenient retailers in Canada. The Company also licenses
or owns more than 25 medical clinic pharmacies operating under the name
Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and two
luxury beauty destinations operating as Murale. As well, the Company owns and
operates 66 Shoppers Home Health Care stores, making it the largest Canadian
retailer of home health care products and services. In addition to its retail
store network, the Company owns Shoppers Drug Mart Specialty Health Network
Inc., a provider of specialty drug distribution, pharmacy and comprehensive
patient support services, and MediSystem Technologies Inc., a provider of
pharmaceutical products and services to long-term care facilities in Ontario
and Alberta. For more information, visit www.shoppersdrugmart.ca.

    %SEDAR: 00016987EF




For further information:

For further information: Media Contact: Tammy Smitham, Director,
Communications & Corporate Affairs, (416) 490-2892, or
corporateaffairs@shoppersdrugmart.ca, (416) 493-1220, ext. 5500; Investor
Relations: (416) 493-1220, ext. 5678, investorrelations@shoppersdrugmart.ca


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