Press Releases

Shoppers Drug Mart Corporation announces acquisition of Centre d'Escomptes Racine

Sep 25, 2007

QUEBEC CITY, Sept. 25 /CNW Telbec/ - Shoppers Drug Mart Corporation
(TSX: SC) today announced that Pharmaprix Inc., a wholly owned subsidiary, in
conjunction with a licensed pharmacist, has acquired the assets of the seven
stores of Centre d'Escomptes Racine, a long-established pharmacy chain in the
Québec City marketplace, and the assets of R. Blouin, pharmacist, operating
within the Centre d'Escomptes Racine locations.
Prior to the acquisition, Pharmaprix had two stores in the Québec City
region, the seventh largest census metropolitan area in Canada. The location
and size of these newly acquired assets compliments Pharmaprix's growth
strategy and is consistent with its focus on adding high quality, large-format
stores.
As a result of today's acquisition, Pharmaprix and its licensed
pharmacist welcome the pharmacists and employees of Centre d'Escomptes Racine
to its business and look forward to continuing to serve the needs of customers
in this region.

About Shoppers Drug Mart Corporation

Shoppers Drug Mart Corporation is one of the most recognized and trusted
names in Canadian retailing. The Company is the licensor of full-service
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in
Québec). With more than 1,010 Shoppers Drug Mart and Pharmaprix stores
operating in prime locations in every province and two territories, the
Company is one of the most convenient retailers in Canada. The Company also
owns and operates 60 Shoppers Home Health Care stores, making it the largest
Canadian retailer of home health care products and services.

For further information: Media Contact: Mathieu Claise, Optimum Public Relations, (418) 521-3770, Cell (418) 265-2512, Mathieu.claise@cossette.com; Investor Relations: (416) 493-1220, ext. # 5678, investorrelations@shoppersdrugmart.ca


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