Loblaw Announces Senior Management Change

BRAMPTON, ON, Jan. 27 /CNW/ - Allan Leighton, President and Deputy Chairman of Loblaw Companies Limited ("Loblaw") (TSX: L) announced today that Dalton Philips, Chief Operating Officer, will be leaving Loblaw Companies Limited at the end of March 2010.

"We are both pleased and sad to announce that Dalton Philips has been appointed Chief Executive Officer of Wm Morrison Supermarkets Plc, the U.K.'s fourth largest supermarket chain. Food retail today is a very global business and the work that we are doing at Loblaw is highly visible around the retail world. Dalton's appointment is a reflection of this and the progress that we are seen to have made," said Mr. Leighton. "Dalton has been a great colleague for over three years and we will miss him. We celebrate his new position, wish him and his family 'bon chance', and thank him for his contribution to the Company."

About Loblaw Companies Limited

Loblaw Companies Limited, a subsidiary of George Weston Limited, is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is one of the largest private sector employers in Canada. With more than 1,000 corporate and franchised stores from coast to coast, Loblaw and its franchisees employ over 139,000 full-time and part-time employees. Through its portfolio of store formats, Loblaw is committed to providing Canadians with a wide, growing and successful range of products and services to meet the everyday household demands of Canadian consumers. Loblaw is known for the quality, innovation and value of its food offering. It offers Canada's strongest control (private) label program, including the unique President's Choice(R), no name(R) and Joe Fresh Style(R) brands. In addition, the Company makes available to consumers President's Choice Financial(R) services and offers the PC(R) points loyalty program.

SOURCE Loblaw Companies Limited

For further information: For further information: Loblaw Companies Limited, Inge van den Berg, Senior Vice President, Corporate Affairs, (905) 459-2500, investor@loblaw.ca or pr@loblaw.ca

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