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Rite Aid Foundation Donates $50,000 to the American Red Cross to Assist Relief Efforts in Japan

^{Published on 2011-03-16 06:55:34 - Market Wire}
 

CAMP HILL, Pa.--([ BUSINESS WIRE ])--Rite Aid (NYSE: RAD) announced today that The Rite Aid Foundation is making a $50,000 donation to the American Red Cross a" Japan Earthquake fund to help the victims, families and communities affected by the recent earthquake and tsunami in Japan.

"Assistance from our corporate and humanitarian partners is key as we meet the needs of earthquake survivors."

aOur hearts go out to the victims, families and communities affected by this devastating tragedy,a said Mary Sammons, President of the Rite Aid Foundation. aWe are proud to partner with the American Red Cross and assist them in their mission of helping the people of Japan in their time of need.a

The Rite Aid Foundation, founded in July 2001 is a not-for-profit foundation dedicated to helping people in the communities Rite Aid serves. Since its inception, the Rite Aid Foundation has awarded grants totaling more than $11 million to approximately 820 organizations in 488 communities. For more information on The Rite Aid Foundation, visit [ www.riteaid.com ].

aThis contribution from The Rite Aid Foundation could not come at a more critical time," says Michael J. Brown, Vice President of Corporate and Foundation Giving at the American Red Cross. "Assistance from our corporate and humanitarian partners is key as we meet the needs of earthquake survivors."

Rite Aid (NYSE: RAD) is one of the nationa™s leading drugstore chains with more than 4,700 stores in 31 states and the District of Columbia and fiscal 2010 annual revenues of $25.7 billion. Information about Rite Aid, including corporate background and press releases, is available through the companya™s website at [ www.riteaid.com ].