The Rite Aid Foundation Awards $1.7 Million to Charities

Agencies in 30 States and The District of Columbia Provided Grants To Help People In Need

The Rite Aid Foundation, a private foundation managed by Rite Aid Corporation (NYSE, PCX: RAD), announced today that in 2007 it has awarded approximately $1.7 million in donations to non-profit organizations across the United States for programs focusing on health and wellness in communities that Rite Aid serves.

During 2007 more than 170 charities in more than 140 communities were provided grants by The Rite Aid Foundation. Organizations were selected through a grant application process outlined on the company’s website at http://www.riteaid.com/.

The Foundation has helped fund a variety of local programs across the country. Among them are low-cost and free prescriptions for uninsured low-income people, providing refurbished hearing aids to people who could not otherwise afford them, educational and counseling programs to help prevent child abuse, low-cost medical services in medically underserved areas, programs to help teach children ways to manage and control asthma and diabetes, counseling services for children who are victims of domestic violence, parenting classes, and skills training for abused or neglected youth.

“Being caring neighbors who are involved in our communities in meaningful ways is one of Rite Aid’s core values,” said Gayle Rife, manager of The Rite Aid Foundation. “We are pleased to have the opportunity to join with local charities to improve the lives of people in our neighborhoods through programs that help to build stronger families and stronger communities.”

Since 2001, The Rite Aid Foundation has awarded grants totaling more than $6.3 million to more than 370 organizations in 230 communities.

For additional information, go to http://www.riteaid.com/company/community/foundation.jsf.

About Rite Aid/The Rite Aid Foundation

The Rite Aid Foundation, founded in July 2001 is a not-for-profit foundation dedicated to helping people in the communities Rite Aid serves. Rite Aid Corporation is one of the nation’s leading drugstore chains with approximately 5,100 stores in 31 states and the District of Columbia. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at http://www.riteaid.com/.