Press Release

CVS Caremark Corporation Announces Quarterly Dividend



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.

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

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