Loblaw Files 2007 Annual Report

    TORONTO, March 12 /CNW/ - Loblaw Companies Limited ("Loblaw") (TSX: L)
announced today that it has filed its Audited Annual Consolidated Financial
Statements for the year-ended December 29, 2007 and related Management's
Discussion and Analysis and its Annual Information Form with Canadian
securities regulatory authorities via SEDAR. Copies of these documents are
available on the Company's website at www.loblaw.ca.

    Loblaw Companies Limited is Canada's largest food distributor and a
leading provider of general merchandise products, drugstore and financial
products and services. Loblaw is also one of the largest private sector
employees in Canada, with over 140,000 full-time and part-time employees
executing its business strategy in more than 1,000 corporate and franchised
stores from coast to coast. Loblaw is a subsidiary of George Weston Limited
(TSX: WN).

For further information:

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

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