Loblaw Companies Limited Announces First Quarter 2010 Earnings Release and
Annual Meeting of Shareholders

BRAMPTON, ON, April 5 /CNW/ - Loblaw Companies Limited (TSX: L) announced today that it will release its first quarter 2010 results on May 4, 2010, at 8 a.m. (EDT). This release will be followed by a conference call at 11:00 a.m. (EDT), as well as an audio webcast. To access via tele-conference, please dial [phone]. Playback will be available two hours after the event at [phone], password: 65611091. To access via audio webcast please go to the "Investor Zone" section of www.loblaw.ca. Pre-registration will be available.

The Annual Meeting of Shareholders will take place on May 5, 2010, at 11:00 a.m. (EDT), at the Metro Toronto Convention Centre, South Building, Meeting Room 701, 222 Bremner Boulevard, Toronto, Ontario, Canada. To access via tele-conference please dial [phone]. Playback will be available two hours after the event at [phone], password 65621057. To access via audio webcast please go to the "Investor Zone" section of www.loblaw.ca. Pre-registration will be available.

About Loblaw Companies Limited

Loblaw Companies Limited, a subsidiary of George Weston Limited, is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is one of the largest private sector employers in Canada. With more than 1,000 corporate and franchised stores from coast to coast, Loblaw and its franchisees employ over 138,000 full-time and part-time employees. Through its portfolio of store formats, Loblaw is committed to providing Canadians with a wide, growing and successful range of products and services to meet the everyday household demands of Canadian consumers. Loblaw is known for the quality, innovation and value of its food offering. It offers Canada's strongest control (private) label program, including the unique President's Choice(R), no name(R) and Joe Fresh Style(R) brands. In addition, the Company makes available to consumers President's Choice Financial(R) services and offers the PC(R) points loyalty program.

For further information: Kim Lee, Senior Director, Investor Relations, [phone], [email protected]