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CVS Caremark Reports Record Results in Fourth Quarter and Year 2008
Date:2/19/2009

nses 259.2 269.2 987.5 1,271.6 Merger and integration costs(4) (4.2) (22.0) (22.3) (273.2) Total operating expenses 255.0 247.2 965.2 998.4 Operating expense % of net Revenues 2.2% 2.1% 2.2% 2.3% Operating profit 764.6 754.3 2,584.8 2,559.2 Operating profit % of net Revenues 6.5% 6.5% 5.9% 5.9% Net revenues: Mail service $4,016.0 $4,302.7 $14,901.1 $16,790.7 Retail network 7,673.7 7,222.9 28,489.3 26,218.9 Other 94.6 85.8 378.8 339.4 Pharmacy claims processed: Total 176.2 154.4 633.4 607.2 Mail service 15.9 18.6 60.9 73.9 Retail network 160.3 135.8 572.5 533.3 Generic dispensing rate: Total 66.7% 62.0% 65.1% 60.1% Mail service 55.2% 49.7% 54.4% 48.1% Retail network 67.7% 63.5% 66.2% 61.7% Mail order penetration rate 21.7% 28.0% 22.9% 28.2%

(1) On December 23, 2008, our Board of Directors approved a change in our fiscal year end from the Saturday nearest December 31 of each year to December 31 of each year to better reflect our position in the health care, rather than retail, industry. The fiscal year change was effective beginning with the fourth quarter of fiscal 2008. Prior to Board approval of this change, the Saturday nearest December 31, 2008 would have resulted in a 53-week fiscal year that would have ended January 3, 2009. As you review our operating performance, please consider that fiscal years 2008 and 2007 and t
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