Press Release

WOONSOCKET, R.I.--(BUSINESS WIRE)--July 21, 2006--CVS Corporation (NYSE:CVS) will be holding a conference call on Thursday, August 3, 2006, at 8:30 a.m. (EDT) with analysts and investors to discuss its second quarter 2006 financial results.

An audio webcast of the conference call will be broadcast simultaneously through the Investor Relations portion of the CVS website for all interested parties. To access the webcast, visit http://investor.CVS.com. This webcast will be archived and available on the web site for a one-month period following the conference call.

CVS is America's largest retail pharmacy, operating over 6,100 retail and specialty pharmacy stores in 44 states and the District of Columbia. With more than 40 years of dynamic growth in the retail pharmacy industry, CVS is committed to being the easiest pharmacy retailer for customers to use. CVS has created innovative approaches to serve the healthcare needs of all customers through its CVS/pharmacy(R) stores; its online pharmacy, CVS.com(R); and its pharmacy benefit management, mail order and specialty pharmacy subsidiary, PharmaCare(R). General information about CVS is available through the Investor Relations portion of the Company's website, at http://investor.cvs.com/, as well as through the Press Room portion of the Company's website, at www.cvs.com/pressroom.

CONTACT: CVS Corporation Investor Contact: Vice President Investor Relations Nancy Christal, 914/722-4704 or CVS Corporation Media Contact: Director Corporate Communications Carolyn Castel, 401/770-5717 ccastel@cvs.com SOURCE: CVS Corporation