Shoppers Drug Mart Corporation to release first quarter results on April 28
and hold analyst conference call

TORONTO, March 30 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) today announced that on Wednesday, April 28, 2010, it will release financial results for its first quarter ended March 27, 2010.

The Company will hold an analyst call on April 28, 2010 at 3:00 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 416-340-2216 from within the Toronto area, or 1-866-226-1792 outside of Toronto. The call will also be simulcast on the Company's website for all interested parties. The webcast can be accessed via the Investor Relations section of the Shoppers Drug Mart website at www.shoppersdrugmart.ca.

The conference call will be archived in the Investor Relations section of the Shoppers Drug Mart website until the Company's next analyst call. A playback of the call will also be available by telephone until 11:59 p.m. (Eastern Daylight Time) on May 12, 2010. The call playback can be accessed after 5:00 p.m. (Eastern Daylight Time) on April 28, 2010 by dialing 416-695-5800 from within the Toronto area, or 1-800-408-3053 outside of Toronto. The seven-digit passcode number is 5087440.

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 1,170 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in each province and two territories, the Company is one of the most convenient retailers in Canada. The Company also licenses or owns more than 49 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and six luxury beauty destinations operating as Murale. As well, the Company also owns and operates 64 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services. In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.

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For further information: Media Contact: Tammy Smitham, Director, Communications & Corporate Affairs, [phone], or [email protected], [phone], ext. 5500; Investor Relations: [phone], ext. 5678, [email protected]