Rite Aid Regains Compliance with NYSE Share Price Listing Rule

Rite Aid Corporation RAD today received notice from the New York Stock Exchange (NYSE) that the company has regained compliance with the exchange's share price listing requirement. Rite Aid regained compliance after its closing share price on February 28, 2011 and its average closing share price for the 30-days of trading ending February 28, 2011 were both above $1.00. The company, which has continued to trade as usual on the NYSE, is now in compliance with all NYSE listing rules.