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Press Release

CVS Caremark Corporation to Present at The JPMorgan Health Care Conference on January 7th

WOONSOCKET, R.I.--(BUSINESS WIRE)--Dec. 31, 2007--CVS Caremark Corporation (NYSE: CVS) today announced that Tom Ryan, Chairman of the Board, President and Chief Executive Officer, will be speaking to investors at the JPMorgan Health Care Conference on January 7, 2008. Mr. Ryan is scheduled to speak at approximately 11:00a.m. ET.

An audio webcast of the presentation will be broadcast simultaneously through the Investor Relations portion of the CVS Caremark website for all interested parties. To access the webcast, visit http://investor.CVS.com. This webcast will be archived and available on the web site for a 30-day period following the presentation.

Contact:
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

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