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CVS Caremark Uniquely Integrated Business Well-Positioned to Deliver Shareholder Value
Date:5/11/2011

rmer Lead Director Terrence Murray recognized the work done by former Chairman and CEO Thomas M. Ryan who retired effective with the end of the annual meeting.  Following the meeting, the Board was expected to elect a new non-executive Chairman, David Dorman, former Chairman and CEO of AT&T and a CVS Caremark Board member since 2006. Recent additions to the Board include Anne Finucane of Bank of America and Tony White, ex-Chair and CEO of Applied Biosystems.

About CVS Caremark

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 7,100 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 that promote more cost effective and healthier behaviors and improve health care outcomes. General information about CVS Caremark is available through the Company's Web site at http://info.cvscaremark.com/.

CVS Caremark Contacts:
Eileen Howard Boone
Corporate Communications
(401) 770-4561

Carolyn Castel
Corporate Communications
(401) 770-5717
ccastel@cvs.com

Nancy Christal
Investor Relations
(914) 722-4704


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SOURCE CVS Caremark
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5. CVS Caremark Insights 2011 Report Highlights Lowest Drug Trend in Six Years and Increased Utilization of Generics
6. CVS Caremark Named One of Americas Most Reputable Companies by Reputation Institute
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10. CVS Caremark and Universal American Announce Termination of Hart-Scott-Rodino Waiting Period
11. CVS Caremark Awarded Pharmacy Benefit Management Institute Rx Benefit Innovation Award for Pharmacy Advisor Program
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