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Longs Drug Stores Corporation Reports Second Quarter Results
Date:8/20/2008

obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this news release.

About the Company

Headquartered in Walnut Creek, California, Longs Drug Stores Corporation (NYSE: LDG) is one of the most recognized retail drug store chains on the West Coast and in Hawaii. The Company operates 521 retail pharmacies and offers a wide assortment of merchandise focusing on health, wellness, beauty and convenience. Longs also provides pharmacy benefit management services and Medicare beneficiary prescription drug plans through its wholly-owned subsidiary, RxAmerica, LLC. Additional information about Longs and its services is available at http://www.longs.com and more information about RxAmerica is available at http://www.rxamerica.com.

Contact: 925-979-3979

Condensed Consolidated Income Statements (unaudited)

For the 13 weeks ended For the 26 weeks ended

July 31, July 26, July 31, July 26,

2008 2007 2008 2007

Thousands Except Per Share Amounts

Revenues:

Retail drug store sales $1,201,468 $1,195,591 $2,421,113 $2,380,602

Pharmacy benefit

services revenues 131,269 78,958 318,605 190,957

Total revenues 1,332,737 1,274,549 2,739,718 2,571,559

Costs and expenses:

Cost of retail drug

store sales 881,268 881,118 1,775,745 1,762,177

Prescription drug plan


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SOURCE Longs Drug Stores Corporation
Copyright©2008 PR Newswire.
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