CVS Caremark Corporation Announces Quarterly Dividend

Wednesday, September 24, 2008

WOONSOCKET, R.I.--(BUSINESS WIRE)--Sept. 24, 2008--CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved its quarterly dividend of $0.069 per share on the Common Stock of the Corporation, payable November 3, 2008 to holders of record on October 21, 2008.

About CVS Caremark

CVS Caremark is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 6,300 CVS/pharmacy stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at http://investors.cvshealth.com, as well as through the press room section of the Company's Web site, at https://cvshealth.com/newsroom.

CONTACT: CVS Caremark Corporation

Investor Contact:

Nancy Christal, 914-722-4704
Senior Vice President
Investor Relations

or

Media Contact:

Eileen Howard Dunn, 401-770-4561
Senior Vice President
Corporate Communications & Community Relations

SOURCE: CVS Caremark Corporation