Loblaw Companies Limited announces fourth quarter 2008 earnings release

    BRAMPTON, ON, Jan. 19 /CNW/ - Loblaw Companies Limited (TSX: L) announced
today that it will be releasing its fourth quarter results on Wednesday,
February 18, 2009, at 8:00 a.m. (EST). The release will be followed by a
conference call at 11:00 a.m. (EST), as well as an audio webcast.
    To access via tele-conference, please dial (416) 644-3419. A playback
will be available one hour after the event at (416) 640-1917, passcode:
21290089 followed by the number sign. To access via webcast please visit
www.loblaw.ca. Pre-registration will be available.
    Please visit our website at www.loblaw.ca for full details.

    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
140,000 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 services and offers the PC points loyalty

For further information:

For further information: Inge van den Berg, Vice President, Public
Affairs & Investor Relations, (905) 459-2500, investor@loblaw.ca

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