Couche-Tard launches its share repurchase program



    ATD.A, ATD.B / TSX

    LAVAL, QC, Aug. 3 /CNW Telbec/ - Alimentation Couche-Tard Inc. announced
that The Toronto Stock Exchange has approved its share repurchase program,
authorizing the Company to purchase up to 2,808,765 of the 56,175,312 Class A
multiple voting shares and 7,332,066 of the 146,641,334 Class B subordinate
voting shares issued and outstanding as at July 27, 2007 (representing 5% of
the Class A multiple voting shares and 5% of the Class B subordinate voting
shares, issued and outstanding as at that date, respectively). The average
daily trading volume for the 6-month period preceding July 27, 2007,
represents 8,001 Class A multiple voting shares and 534,247 Class B
subordinate voting share. In accordance with the Toronto Stock Exchange
requirements, a maximum daily repurchase of 25% of these averages may be made.
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. If market conditions
permit, the Company presently anticipates that it will acquire up to
2,808,765 Class A multiple voting shares and up to 7,332,066 Class B
subordinate voting shares, which numbers represent approximately 5% of the
Class A multiple voting shares and 5% of the Class B subordinate voting shares
issued and outstanding as of July 27, 2007.
    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, 2007 and ending on August 7, 2008. All shares purchased
under the share repurchase program will be cancelled.

    Profile
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    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. Couche-Tard currently
operates a network of 5,513 convenience stores, 3,413 of which include motor
fuel dispensing, located in nine large geographic markets, including six 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, (450) 662-3272; Richard Fortin, Executive Vice-President
and Chief Financial Officer, (450) 662-3272, info@couche-tard.com;
www.couche-tard.com


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