Rite Aid News

Rite Aid to Release First Quarter Results on June 24

CAMP HILL, PA (June 9, 2009) - Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its First Quarter, which ended May 30, 2009, on Wednesday, June 24, 2009. The company will hold an analyst call at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) with remarks by Rite Aid's management team. The call will be broadcast via the internet and can be accessed through the websites www.riteaid.com and www.StreetEvents.com.

A playback of the call will be available on the internet at www.riteaid.com and www.StreetEvents.com starting at 12 p.m. Eastern Time Wednesday, June 24. The playback will be available on both sites until the company's next conference call.

A playback of the call will also be available by telephone for 48 hours beginning at 12 p.m. Eastern Time on June 24, 2009 and ending at 11:59 p.m. Eastern Time on June 26, 2009. The playback number is (800) 642-1687 from within the U.S. and Canada or (706) 645-9291 from outside the U.S. and Canada with the eight-digit reservation number 13051579.

Rite Aid Corporation is one of the nation's leading drugstore chains with more than 4,800 stores in 31 states and the District of Columbia and fiscal 2009 annual revenues of more than $26.3 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at http://www.riteaid.com.

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Contact:

Investors:717-975-3710 or investor@riteaid.com

Media:Karen Rugen 717-730-7766