/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, June 22 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) today announced that it has filed, with the securities regulators in each of the provinces of Canada, an amendment to its short form base shelf prospectus dated May 22, 2008 (as amended, the "Amended Prospectus") to increase the aggregate principal amount of medium term notes to be issued from time to time from $1 billion to $1.5 billion. To date, the Company has issued an aggregate of $950 million principal amount of medium term notes under its original short form base shelf prospectus dated May 22, 2008. No incremental debt has been incurred by the Company as a result of this filing.
Any offering of medium term notes under the Amended Prospectus is expected to be made by way of a prospectus supplement or pricing supplement to the Amended Prospectus. The Amended Prospectus, including the documents incorporated by reference therein, contains important information concerning these securities and is available on SEDAR at www.sedar.com. Prospective investors should read the Amended Prospectus, as supplemented and amended from time to time, before making any investment decision.
The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered, sold or delivered within the United States of America and its territories and possessions except in certain transactions exempt from such registration requirements.
About Shoppers Drug Mart Corporation
Shoppers Drug Mart Corporation is one of the most recognized and trusted names in Canadian retailing. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Quebec). With more than 1,144 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in each province and two territories, the Company is one of the most convenient retailers in Canada. The Company also licenses or owns more than 30 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Sante in Quebec) and two luxury beauty destinations operating as Murale. As well, the Company also owns and operates 66 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services. In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.
Additional information about the Company, including its Annual Information Form and Management's Discussion & Analysis of its financial performance, can be found at www.sedar.com.
%SEDAR: 00016987EF