Rite Aid Declares Series I Preferred Stock Dividends

2008-10-06 14:32:02 -

www.riteaid.com - Rite Aid Corporation (NYSE:RAD) today announced that its Board of Directors has declared a cash dividend of $0.4049 per share on its 5.5% Series I Mandatory Convertible Preferred Stock for the period commencing on August 1, 2008 through November 16, 2008. The dividend is payable on November 17, 2008 to shareholders of record as

of October 15, 2008.

Rite Aid Corporation is one of the nation's leading drugstore chains with more than 4,900 stores in 31 states and the District of Columbia. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

Rite Aid Corporation
Investors:
Frank Vitrano, 717-972-3948
or investor@riteaid.com
or
Media:
Karen Rugen, 717-730-7766