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Duane Reade Holdings, Inc. Further Strengthens Management Team With Addition of Frank Scorpiniti, SVP, Pharmacy Operations
Date:12/8/2008

NEW YORK, Dec. 8 /PRNewswire/ -- Duane Reade Holdings, Inc. today announced the appointment of Mr. Frank Scorpiniti, 38, as Senior Vice President of Pharmacy Operations effective December 1, 2008. Mr. Scorpiniti reports directly to John Lederer, Chairman and Chief Executive Officer. His appointment adds value and expertise to Duane Reade's capable management team which has recently benefited from the appointments of several other senior executives.

Mr. John Lederer, Chairman and Chief Executive Officer, commented, "We are very pleased to have Frank Scorpiniti join our strong management team as Senior Vice President of Pharmacy Operations. We are confident that Frank's many years of experience in the pharmacy industry and his strong track record in raising customer service standards will help us to significantly improve our pharmacy business and increase the accessibility and availability of our pharmacy offerings."

Mr. Scorpiniti, a 13-year veteran of the pharmacy industry, comes to Duane Reade from Longs Drug Store Corporation, a West Coast regional pharmacy chain store that recently became a wholly-owned subsidiary of CVS Caremark Corporation. Mr. Scorpiniti held positions of increasing responsibility throughout his career at Longs and most recently served as Vice President of Pharmacy Operations, overseeing all aspects of Longs' pharmacy business.

Mr. Scorpiniti received his doctorate of pharmacy from University of the Pacific in Stockton, California.

About Duane Reade

Founded in 1960, Duane Reade is the largest drug store chain in the metropolitan New York City area, offering a wide variety of prescription and over-the-counter drugs, health and beauty care items, cosmetics, greeting cards, photo supplies and photofinishing. As of September 27, 2008, the Company operated 245 stores.

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SOURCE Duane Reade Holdings, Inc.
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