Grants were awarded to organizations dedicated to healthcare, education
and community engagement.

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7 million dollars in grant funds provided by
CVS/pharmacy's charitable foundation to 76 organizations across the country --

WOONSOCKET , R. 20

Maternity Care Coalition
Description of grant: The grant from the CVS/pharmacy Charitable Trust
will support Maternity Care Coalition's Cribs for Kids program. Women's Center of Montgomery County
focuses on the growing need for specialized services for victims of elder
abuse .

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Link to website:
http://www.

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Link to website: http://www. As members of Congress
begin work on Social Security legislation, they should pursue three important
goals. As a matter of fairness , future
generations should receive benefits equal to or greater than the benefits
today's seniors get.

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"A CVS/pharmacy
Charitable Trust grant is an effective way for us to give back to the
communities where we do business," stated Howard Dunn. Link to website:
http://www.
In the days and weeks ahead, I will work to build on the progress we have
made in the Social Security discussion.

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It provided a safety net that ensured dignity and peace of mind to millions of
Americans in retirement .

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citizens to relocate to safety, and limited access to
services and resources specifically allocated to seniors.cvs.cvs. This past week I addressed the nation to
talk about the challenges facing Social Security. And I will work with Congress on any good-faith proposal that does
not raise the payroll tax rate or harm our economy. Options like this will make voluntary
personal retirement accounts a safer investment that will allow you to build a
nest egg that you can pass on to your loved ones . I'm confident that by working together, we will
find a solution that will renew the promise of Social Security for the 21st
century.

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General information about CVS is available through the Investor Relations
portion of the Company's website at http://investor. So one investment option should
consist entirely of Treasury bonds, which are backed by the full faith and
credit of the United States government . Instead of asking whether the system
has a problem, they're asking when their leaders are going to fix it.

candid activism

We have a duty to save and
strengthen Social Security for our children and grandchildren .

intolerance policyholder

I. CARE for Children provides children in rural areas of PA and Western
NY access to free and specialized orthopedic health care, treatment and
prevention of disabilities. Organization distributes safe , portable
cribs to families in need and provides them with culturally sensitive
education about ensuring safe sleep for their babies.momobile.
The Trust's mission is to provide funding for health care, education and
community involvement initiatives in communities where CVS stores are located .com/pressroom.

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org/ Contact name at organization: Maria Macaluso (215)
885-0696

The CVS /pharmacy Charitable Trust will be accepting applications for 2005
grants from May 1 to June 15, 2005 . And I will make it clear that as we fix Social Security we have a
duty to direct extra help to those most in need, and make Social Security a
better deal for younger workers.

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WASHINGTON, The following is a radio address of
President Bush to the Nation:

THE PRESIDENT: Good morning . I will
continue to assure Americans that some parts of Social Security will not
change. First , I understand that millions of Americans depend on Social
Security checks as a primary source of retirement income, so we must keep this
promise to future retirees, as well. So in the future, benefits for low-income workers
should grow faster than benefits for people who are better off. A variety of options are available to solve the rest of the
problem.

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"We are pleased to support these very worthy charities that are working
hard in our communities to improve people's lives," said Eileen Howard Dunn,
Vice President of the CVS/pharmacy Charitable Trust. Maternity Care
Coalition works to reduce the number of babies dying of SIDS and accidental
suffocation by assuring that families have a safe sleep environment for their
infants in the Philadelphia area. Link to website:
http: //www.

Radio Address of President Bush to the Nation

Thank you for listening.

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For additional information, go to
http://www. The Social Security system
that Franklin Roosevelt created was a great moral success of the 20th century.

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com, or through the
website's press room at http://www .

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org/ Contact name at organization: JoAnne Fischer
(215) 972-0700

Women's Center of Montgomery County
Description of grant: Funding from the CVS/pharmacy Charitable Trust will
assist Women 's Center of Montgomery County in its efforts to end domestic
violence in particular, elder abuse . is a private foundation managed by CVS
Corporation, which operates more than 5,000 CVS/pharmacy stores in 36 states.
Second, I believe a reformed system should protect those who depend on
Social Security the most. I believe the best way
to achieve this goal is to give younger workers the option of putting a
portion of their payroll taxes into a voluntary personal retirement account.

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-- Local donations are part of 1.wellercenter.
Yet today there is a hole in the safety net for younger workers, because
Congress has made promises it cannot keep.
We have entered a new phase in this discussion.
Because this money is saved and invested, younger workers would have the
opportunity to receive a higher rate of return on their money than the current
Social Security system can provide .

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, The CVS/pharmacy
Charitable Trust, the private foundation managed by CVS Corporation
(NYSE: CVS), announced today that it has awarded $40,000 in grants to four
non-profit organizations in Pennsylvania .
Pennsylvania based organizations that received a grant from the
CVS/pharmacy Charitable Trust are:

CARE for Children
Description of grant: The CVS/pharmacy Charitable Trust grant will support
the telemedicine clinic outreach clinic, bridging the gap for specialized
pediatric orthopedic services via a partnership with the Shriners Hospital for
Children.

The CVS Charitable Trust, Inc.

CONTACT:
Mike DeAngelis
CVS Corporation
401 -770-2645

This reform would solve most of the funding challenges facing Social
Security . Americans of all ages are beginning
to look at Social Security in a new way. Fixing
Social Security must be a bipartisan effort, and I'm willing to listen to a
good idea from either party .

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CVS/pharmacy Charitable Trust Awards $40 000 Dollars to Four Non-Profit Organizations in Pennsylvania

We
are confident that each of the non-profits we chose to work with in the coming
year will create positive change and influence in the communities we serve
together," said Howard Dunn.

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cvs . By providing
more generous benefits for low-income retirees, we'll make good on this
commitment: If you work hard and pay into Social Security your entire life,
you will not retire into poverty .

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info/
Contact name at organization: Ann Feightner (814) 362-4621

The Carl + Emily Weller Center for Health Education
Description of grant: Trust will fund 8 days of mobile outreach preventive
health education programs for up to 4,800 students in grades Pre-K through 12
in underserved school districts in Eastern PA and NJ.

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wcmontco.
In the coming week, I will travel to Mississippi to continue to discuss
ways to put Social Security on the path to permanent solvency.
Third, any reform of Social Security must replace the empty promises being
made to younger workers with real assets, real money.

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In many cases, CVS/pharmacy associates become involved with grantees by
providing volunteer assistance, participating in other fund-raisers and
assisting in outreach and education services.org/ Contact name at organization: Melissa Lee (610)
258-8500 ext.com/corpInfo /community/charitable_mission.html.
Some Americans have reservations about investing in the markets because
they want a guaranteed return on their money.

END

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careforchildren. While elder abuse mirrors aspects of domestic violence, it is made more
complex by issues relating to caretakers , failing health, the inability and/or
unwillingness of sr.

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"The foundation focuses on those projects that
clearly demonstrate they are meeting a need within the community, and where
collaborative efforts and measurement tools are in place to track success. Seniors and people with disabilities will continue to get their
checks, and all Americans born before 1950 will also receive their full
benefits .

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