Serrano Resources Ltd.TSXV: SC.H

Shoppers Drug Mart Corporation to release first quarter results on April 29 and hold analyst conference call

· Issued by Serrano Resources Ltd. via CNW

TORONTO, April 2 /CNW/ - Shoppers Drug Mart Corporation (TSX: SC) today announced that on Tuesday, April 29, 2008, it will release financial results for its first quarter ended March 22, 2008.

The Company will hold an analyst call on April 29, 2008 at 3:00 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 416-641-6114 from within the Toronto area, or 1-866-696-5895 outside of Toronto. The call will also be simulcast on the Company's website for all interested parties. The webcast can be accessed via the Investor Relations section of the Shoppers Drug Mart website at www.shoppersdrugmart.ca.

The conference call will be archived in the Investor Relations section of the Shoppers Drug Mart website until the Company's next analyst call. A playback of the call will also be available by telephone until 11:59 p.m. (Eastern Daylight Time) on May 13, 2008. The call playback can be accessed after 5:00 p.m. (Eastern Daylight Time) on Tuesday, April 29, 2008 by dialing 416-695-5800 from within the Toronto area, or 1-800-408-3053 outside of Toronto. The seven-digit passcode number is 3255180.

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 1,080 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 owns and operates 64 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 MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.

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