For further information, please contact Robert E. community involvement is available online at
http://www.

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, Mike Duke, Vice
Chairman of Wal-Mart Stores, Inc.com . The SAM'S CLUB Web site can
be accessed at http://www.Works.

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On January 18, 2005, PriceSmart intends to mail to
its rights holders of record as of January 14, 2005, a prospectus supplement
comprised of PriceSmart 's Quarterly Report on Form 10-Q for the quarterly
period ended November 30, 2004.S." Uribe added , "Wal-Mart Central America will
bring more development opportunities to our Associates and Vendors ,
maintaining our characteristic sense of social responsibility.

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, one of the original CARHCO partners , will be chairman of Wal-Mart
Central America's board of directors.
CARHCO was formed in 2001 with equal investment from the major shareholder
of La Fragua S. And more information about Wal-Mart 's
Good.walmartfoundation.

nicaragua rica


"This additional investment demonstrates our confidence in the partnership
and in the future of this business in Central America," Duke said.
The name was changed to Wal -Mart Central America in March 2006 when Wal-Mart
increased its ownership to 51%.A.

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The $7 subscription period was to expire on January 21,
2005.2 billion. "We also want to emphasize that CARHCO's
strong relationships with suppliers throughout Central America will be
strengthened in the future by Wal -Mart Central America," Duke said., the leading supermarket and hypermarket chain in Central America ., of Guatemala, Corporacion de Supermercados Unidos S.
Wal-Mart Stores, Inc.walmart.

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"
"The improvements we anticipate in this company will further strengthen
the economy of the region ," Uribe said.
CCA participates in the poultry industry through more than 450 small
independent producers and develops private label grocery and health and beauty
aid products, working with local and regional industries. More information
about La Fragua, CSU and CCA can be obtained on-line at
http://www.

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territory (four each in Panama and the Philippines; three in Costa Rica;
two each in Dominican Republic, El Salvador, Guatemala, Honduras, and
Trinidad; and one each in Aruba, Barbados , Jamaica, Nicaragua and the United
States Virgin Islands).


co.samsclub.

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Price, Interim Chief
Executive Officer at (858) 551-2336; or John M.
CARHCO is Central America's leading retailer, with 375 supermarkets and
other stores in the following five countries: Guatemala (124 ), El Salvador
(58), Honduras (35), Nicaragua (33) and Costa Rica (125).

About Wal-Mart Central America
In September 2005, Wal-Mart Stores, Inc. As of February 28, La Fragua operated
217 stores in Guatemala, Honduras and El Salvador. Online merchandise
sales are available at http://www.

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PriceSmart is extending the $7 subscription
period because it would like to give its rights holders an opportunity to
review this prospectus supplement before making a decision to exercise rights
at a price of $7.A. CCA works throughout
the agricultural sector sourcing and distributing fruit, vegetables and grain
purchased from more than 1,000 small producers in Costa Rica and other Central
American countries.

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PriceSmart now operates 26 warehouse clubs in 12 countries and one
U .

Wal-Mart Announces Additional Central American Investment

It produces breads and pastries and processes and
distributes beef, pork and seafood products from hundreds of small suppliers.

About Wal-Mart Stores, Inc.walmartfacts.

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SAN DIEGO, PriceSmart, Inc. "This will
enable the corporation to provide a larger assortment, better service and
prices to consumers in Central America," he said .
Paiz emphasized that Wal-Mart Central America will stimulate the export of
products grown or manufactured in the region. Formats include
Mas X Menos, Hiper Mas, Pali, La Union and Maxi Bodega .

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Vice chairman will be Fernando Paiz,
whose family founded La Fragua, S. acquired a 33 1/3% interest in
CARHCO N.org .

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m.
In September 2005, Wal-Mart acquired the 33 1/3 percent interest in CARHCO
owned by Dutch retailer Royal Ahold NV.A. An example of this is a recent
agreement signed for shipment of pineapples from Costa Rica to Wal-Mart stores
in the United States, and other export agreements are under development, Paiz
said.cca.

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Wal-Mart Acquires Majority Interest in Central American Retail Holding
Company, Operator of Supermarkets in Guatemala, El Salvador, Honduras ,
Nicaragua, and Costa Rica

BENTONVILLE, Ark. Terms of the original investment or the additional purchase from
the other CARHCO partners were not disclosed.
Rodrigo Uribe, whose family founded Corporacion de Supermercados Unidos,
S., also a CARHCO partner. More than 6,000 jobs are expected to be created in the next two
years in order to meet the personnel needs of this new store program.

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CARHCO was formed as a joint venture
in 2001 with three equal partners: Ahold and two Central American groups: the
Paiz family, the major shareholders of La Fragua, with headquarters in
Guatemala, and Corporacion de Supermercados Unidos (CSU), with headquarters in
Costa Rica.
Uribe expressed his optimism about Wal-Mart's investment. In addition, Wal-
Mart purchases goods from many suppliers with farms and factories in Central
America. operates Wal-Mart Stores, Supercenters, Neighborhood
Markets and SAM'S CLUB locations in the United States.

supports stations

A registration statement relating to
these securities has been filed with and has been declared effective by the
Securities and Exchange Commission.
(CSU) of Costa Rica, and Royal Ahold.

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CARHCO has
approximately 23,000 associates. He added
that the name CARHCO would be replaced by Wal-Mart Central America, but that
no immediate changes were planned in the names of any of the store formats
operating throughout the region.

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-style
membership shopping warehouse clubs in Central America, the Caribbean , and the
Philippines, selling high quality merchandise at low prices to PriceSmart
members.A.

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The expiration of the $8 subscription period is not affected by this
announcement.
This announcement is neither an offer to sell nor a solicitation of an
offer to buy, nor shall there be any sale of these securities in any state or
foreign jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
such state or foreign jurisdiction. (NYSE: WMT), and head of Wal-Mart
International, announced today the company has made an additional investment
in Central American Retail Holding Company (CARHCO), bringing its share of the
firm to 51 percent. The company's securities are listed on the New York and
Pacific stock exchanges under the symbol WMT.com .

costa guatemala

Heffner, Executive Vice
President and Chief Financial Officer at (858) 404-8826.

nonprofit ometepe

V. CARHCO has three operative companies:
La Fragua, founded in Guatemala in 1928 by Carlos Paiz Ayala; CSU, founded in
Costa Rica in 1960 by Enrique Uribe Pages; and Corporacion de Companias
Agroindustriales (CCA), a supplier to CARHCO of meat and seafood, fruit,
grain, vegetables and bakery products. The company operates
in Argentina, Brazil, Canada, China, Costa Rica, El Salvador , Germany,
Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and
the United Kingdom.

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PriceSmart Announces Extension of $7 Rights Offering Exercise Period


(Nasdaq: PSMT) today announced that it has extended the period in which
holders of its rights to purchase PriceSmart common stock issued pursuant to
its previously announced rights offering may subscribe for its common stock at
a price of $7 per share. PriceSmart has extended the $7 subscription period
by one business day such that it will now expire at 5:00 p.

About PriceSmart
PriceSmart, headquartered in San Diego, owns and operates U.S. He noted that during 2006, Wal-Mart
Central America plans to invest in building new stores and remodeling existing
facilities. CSU operated 160 stores in Nicaragua and Costa Rica.cr . More information about Wal-Mart
can be found by visiting http://www.com .

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Its sales during 2005 were approximately
$2. Uribe and Paiz
said they and other family members would remain active in management of the
company. "Our leadership in Central
America is the result of our customer's loyalty and with Wal-Mart we will
reinforce our commitment to them.


honduras adults

, New York City
time, on January 24, 2005.
Currently Wal-Mart directly imports more than $350 million in goods from
Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. Its formats include Paiz,
Hiper Paiz, Despensa Familiar, Club Co, La Despensa de Don Juan and Maxi
Bodega.

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