The Jean Coutu Group (PJC) Inc.
TSX : PJC.A

The Jean Coutu Group (PJC) Inc.

August 24, 2006 12:00 ET

The Jean Coutu Group to hold Press Conference

LONGUEUIL, QUEBEC--(CCNMatthews - Aug. 24, 2006) - The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) invites media representatives to a press conference which will take place today, Thursday August 24, 2006 at 2:30 p.m. ET at the Company's headquarters located at 551, Beriault Street in Longueuil, Quebec.

The Jean Coutu Group's senior management, including Jean Coutu, Francois J. Coutu, Michel Coutu, Pierre Legault and Andre Belzile, will discuss today's announcement of a definitive agreement between The Jean Coutu Group (PJC) inc. and Rite Aid Corporation on a transaction in which The Jean Coutu Group (PJC) USA will be merged into Rite Aid.



Time and date: Thursday, August 24, 2006 at 2:30 p.m. ET

Place: The Jean Coutu Group's Headquarters
551, Beriault Street in Longueuil


The press conference will be broadcast (audio and listen-only mode) on the Jean Coutu Group corporate website at www.jeancoutu.com.

About The Jean Coutu Group

The Jean Coutu Group (PJC) Inc. is the fourth largest drugstore chain in North America and the second largest in both the eastern United States and Canada. The Company and its combined network of 2,185 corporate and franchised drugstores (under the banners of Brooks and Eckerd Pharmacy, PJC Jean Coutu, PJC Clinique and PJC Sante Beaute) employ more than 61,000 people.

The Jean Coutu Group's United States operations employ 46,000 people and comprise 1,858 corporate owned stores located in 18 states of the Northeastern, mid-Atlantic and Southeastern United States. The Jean Coutu Group's Canadian operations and franchised drugstores in its network employ over 15,000 people and comprise 327 PJC Jean Coutu franchised stores in Quebec, New Brunswick and Ontario.

Contact Information

  • The Jean Coutu Group (PJC) Inc.
    Helene Bisson
    Director, Public Relations
    (450) 646-9611, ext. 1165
    www.jeancoutu.com