CVS Caremark Corporation Announces Quarterly Dividend

Wednesday, January 9, 2008

WOONSOCKET, R.I.--(BUSINESS WIRE)--Jan. 9, 2008--CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved its quarterly dividend of 6 cents per share on the Common Stock of the Corporation, payable February 1, 2008 to holders of record on January 22, 2008.

About CVS Caremark

CVS Caremark is the largest provider of prescriptions and related healthcare services 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 healthcare services in the U.S. The Company is uniquely positioned to effectively manage costs and improve healthcare outcomes through its more than 6,200 CVS/pharmacy stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations portion of the Company's website, at http://investors.cvshealth.com, as well as through the pressroom portion of the Company's website, 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