Couche-Tard Launches its New Share Repurchase Program

    ATD.A, ATD.B / TSX

    LAVAL, QC, Aug. 6 /CNW Telbec/ - Alimentation Couche-Tard Inc. announced
that The Toronto Stock Exchange has approved its share repurchase program (the
"program"), authorizing the Company to purchase up to 2,693,860 Class A
multiple voting shares (representing 5% of the 53,877,212 Class A multiple
voting shares issued and outstanding) and 14,031,210 Class B subordinate
voting shares (representing 10% of the 140,312,108 Class B subordinate voting
shares of the public float) as at July 29, 2008. The net average daily trading
volume for the 6-month period preceding July 29, 2008 represents 2,806 Class A
multiple voting shares and 350,988 Class B subordinate voting share. In
accordance with the Toronto Stock Exchange requirements, a maximum daily
repurchase of the greater of 25% of these averages or 1,000 shares may be
made, which represent a total of 1,000 Class A multiple voting shares and a
total of 87,747 Class B subordinate voting shares. By making such purchases,
the number of Class A multiple voting shares and of Class B subordinate voting
shares in circulation will be reduced and the proportionate interest of all
remaining shareholders in the share capital of the Company will be increased
on a pro rata basis.
    The Company may purchase Class A multiple voting shares and Class B
subordinate voting shares on the open market through the facilities of The
Toronto Stock Exchange, from time to time, over the course of twelve months
commencing August 8, 2008 and ending at the latest on August 7, 2009. All
shares purchased under the share repurchase program will be cancelled. In
connection with the program, the Company has established an automatic
securities purchase plan to provide standard instructions regarding how the
Company's shares are to be purchased under the program. Accordingly, the
Company may purchase its shares under the automatic plan on any trading day
during the program including during self-imposed trading blackout periods. The
automatic plan will commence and should terminate together with the program.
It constitutes an "automatic plan" for purposes of applicable Canadian
securities legislation and has been approved by The Toronto Stock Exchange.
    Under its previous share repurchase program which was announced on
August 3, 2007, the Company purchased a total of 2 125 400 of its Class A
multiple voting shares and a total of 5 859 706 Class B subordinate voting
shares as at July 31, 2008.


    Alimentation Couche-Tard Inc. is the leader in the Canadian convenience
store industry. In North America, Couche-Tard is the second largest
independent convenience store operator (whether integrated or not with a
petroleum company) in terms of number of stores. As at April 27, 2008, our
network consisted of 5,119 convenience stores, 3,273 of which include motor
fuel dispensing, located in eleven large geographic markets, including eight
in the United States covering 29 States and three in Canada covering six
provinces. More than 45,000 people are employed throughout Couche-Tard's
retail convenience network and executive and administrative offices.

For further information:

For further information: Alain Bouchard, Chairman, President and Chief
Executive Officer; Richard Fortin, Executive Vice-President and Chief
Financial Officer, (450) 662-3272,,

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