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CVS Caremark Corporation Announces Consent Solicitation Relating to Its 6.125% Senior Notes Due August 15, 2016 (CUSIP NO. 126650 BE 9)
Date:8/9/2011

l covenant. The Consent Solicitation will expire at 5:00 p.m., New York City time, on August 22, 2011, unless terminated or extended by CVS Caremark in its sole discretion. The Consent Solicitation is being made pursuant to a "Consent Solicitation Statement" dated today, which sets forth a more comprehensive description of the terms of the Consent Solicitation.  This press release is not a solicitation of consents to the proposed termination of the replacement capital covenant.  

Copies of the Consent Solicitation Statement and the consent form may be obtained by holders of the Notes from the Information and Tabulation Agent for the Consent Solicitation, D.F. King & Co., Inc., at (800) 949-2583 (toll-free).

Barclays Capital Inc. and RBS Securities Inc. are the Solicitation Agents for the Consent Solicitation.  Questions may be directed to Barclays Capital Inc., at (800) 438-3242 (toll-free) or (212) 528-7581 (collect) or RBS Securities Inc., at (877) 297-9832 (toll-free) or (203) 897-4825 (collect).

About the Company:

CVS Caremark is the largest pharmacy health care provider in the United States with integrated offerings across the entire spectrum of pharmacy care. We are uniquely positioned to engage plan members in behaviors that improve their health and to lower overall health care costs for health plans, plan sponsors and their members. CVS Caremark is a market leader in mail order pharmacy, retail pharmacy, specialty pharmacy, and retail clinics, and is a leading provider of Medicare Part D Prescription Drug Plans. As one of the country's largest pharmacy benefits managers (PBMs), we provide access to a network of approximately 65,000 pharmacies, including more than 7,300 CVS/pharmacy® stores that provide unparalleled service and capabilities. Our clinical offerings include our signature Pharmacy Advisor™ program as well as innovative generic step therapy and genetic benefit management programs t
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