Exchange Offer Extended by Rite Aid

Rite Aid Corporation RAD announced today that it has extended its offer to the holders of the $650.0 million aggregate principal amount of its 8.00% Senior Secured Notes due 2020, issued August 16, 2010, to exchange such notes for a like principal amount of notes with identical terms other than that such new notes have been registered under the Securities Act of 1933, as amended. The exchange offer, which had been scheduled to expire on December 20, 2010 at 5:00 p.m. New York City time, will now expire at 5:00 p.m., New York City time, on Tuesday, December 21, 2010, unless further extended by Rite Aid.