Walgreens To Match Employee Donations Toward Disaster Relief In China And Myanmar

Main Category: Aid / Disasters
Article Date: 21 May 2008 - 2:00 PDT

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Walgreens (NYSE:WAG)(NASDAQ:WAG) has committed to matching its employees' donations to organizations assisting in rescue, recovery and rebuilding efforts in the regions of western China and Myanmar devastated by recent natural disasters. Walgreen employees across the nation who donate to the fund of their choice will have their contributions matched with a corporate donation of up to $50,000 to UNICEF.

"Our employees have expressed tremendous compassion and generosity toward those who have lost so much in these tragedies," said Walgreens Chairman and CEO Jeffery A. Rein. "Many have family and friends who have been affected. Our hearts and prayers go out to all who have suffered through such devastating natural catastrophes."

Walgreens is the nation's largest drugstore chain with fiscal 2007 sales of $53.8 billion. The company operates 6,204 drugstores in 49 states, the District of Columbia and Puerto Rico. Walgreens is expanding its patient-first health care services beyond traditional pharmacy through Walgreens Health Services, its managed care division, and Take Care Health Systems, a wholly owned subsidiary that manages 168 convenient care clinics at Walgreens drugstores. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service Inc., Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and SeniorMed LLC (a pharmacy provider to long-term care facilities).

http://www.Walgreens.com

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