CVS Corporation May Same Store Sales Increase 11.9%

Business Wire, June 6, 2000

Business Editors

WOONSOCKET, R.I.--(BUSINESS WIRE)--June 6, 2000

CVS Corporation (NYSE: CVS) today announced that May same store sales increased 11.9%, while pharmacy same store sales rose 18.5%.

Total sales for the four-week period ended May 27, 2000 increased 13.0% to $1.536 billion, compared to $1.359 billion in the prior year period. Total pharmacy sales represented 62% of total company sales in May.

Year-to-date, same store sales for the twenty-one week period ended May 27, 2000 increased 10.0% over the prior year period, while pharmacy same store sales increased 16.4%. Total sales for the twenty-one week period increased 12.2% to $7.782 billion, compared to $6.936 billion in 1999.

As of May 27, 2000, CVS operated 4,082 retail and specialty pharmacy stores in 29 states and the District of Columbia.

CVS is the No. 1 drugstore chain in the U.S. with stores in the Northeast, Mid-Atlantic, Southeast and Midwest regions of the country and the largest retail provider of prescriptions in the nation. General information about CVS is available through the Investor Relations portion of the Company's web site, at http://www.CVS.com.