The Trust's mission is to provide funding for health care, education and
community involvement initiatives in communities where CVS stores are located.cvs.

hardship exclusions

"The foundation focuses on those projects that
clearly demonstrate they are meeting a need within the community, and where
collaborative efforts and measurement tools are in place to track success.

The CVS Charitable Trust, Inc. GlobalGiving's mission
is to build a highly efficient marketplace where individuals, corporations,
and other institutions can find and fund projects around the world.

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In many cases, CVS/pharmacy associates become involved with grantees by
providing volunteer assistance, participating in other fund-raisers and
assisting in outreach and education services.

CONTACT:
Mike DeAngelis
CVS Corporation
401-770-2645

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"A CVS/pharmacy
Charitable Trust grant is an effective way for us to give back to the
communities where we do business," stated Howard Dunn. "Rather than supporting top down, prescriptive measures,
GlobalGiving enables communities to develop the most relevant solutions to
their challenges and aggregates thousands of donors to fund those solutions ."
GlobalGiving donors have access to over 400 projects in 60 countries in a
broad range of themes such as education, environment, health, and economic
development.

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I. Pediatric Oncology
Program is ongoing program that provides financial assistance, emotional
support, advocacy and education programs for families with children suffering
from cancer.

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com/corpInfo/community/charitable_mission .com/pressroom. Since
GlobalGiving launched in 2002, it has facilitated the flow of $2 million to
over 400 projects.
Major funding partners include Omidyar Network, the Hewlett Foundation ,
the Skoll Foundation, USAID, and the Sall Family Foundation.

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com.

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Grants were awarded to organizations dedicated to healthcare, education
and community engagement.

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General information about CVS is available through the Investor Relations
portion of the Company's website at http://investor.

wishing charities

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Missouri based organization that received a grant from the CVS/pharmacy
Charitable Trust is:

The National Children's Cancer Society
Description of grant: The society's mission is to improve quality of life
for children with cancer and to reduce risk of cancer.cvs.

cbbc grant

-- Local donations are part of 1.
"We are pleased to learn of expanded support from Omidyar and Hewlett,"
said Dan Runde, Director of USAID's Global Development Alliance, which joined
foundations and the private sector to help fund GlobalGiving's launch.

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is a private foundation managed by CVS
Corporation, which operates more than 5,000 CVS/pharmacy stores in 36 states. "We
view GlobalGiving as a promising avenue for getting aid funds to innovative
and high-impact initiatives.

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7 million dollars in grant funds provided by
CVS/pharmacy's charitable foundation to 76 organizations across the country --

WOONSOCKET, R.cvs.

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Omidyar Network and Hewlett Foundation Invest $2.3 Million in GlobalGiving's Mission to Reinvent International Philanthropy

"
"Through GlobalGiving, communities can form around shared interests to
drive real change," said Doug Solomon, vice president of investments at
Omidyar Network.
"Funding from Omidyar and Hewlett will enable us to continue enhancing our
technology and processes, creating a scalable platform with global reach to
the village level," said Dennis Whittle, co-founder and chairman of
GlobalGiving.

contribute schemes

We
are confident that each of the non-profits we chose to work with in the coming
year will create positive change and influence in the communities we serve
together," said Howard Dunn."
To get projects on the site, GlobalGiving partners with 31 NGOs, which
support the work of social entrepreneurs around the globe through fellowship
and awards programs.

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nationalchildrenscancersociety.

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, The CVS/pharmacy
Charitable Trust, the private foundation managed by CVS Corporation
(NYSE: CVS), announced today that it has awarded a $5,000 grant to one non-
profit organization in Missouri. These NGOs see GlobalGiving as an additional channel of
funding for their social entrepreneurs' work. Additional
funding has been provided by the WK Kellogg Foundation, the Charles Stewart
Mott Foundation, and HP.

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Both organizations support
GlobalGiving 's mission to build a marketplace that helps fund social and
economic development projects around the world, while creating an engaging
donor experience. This bottom-up model of giving complements traditional channels
such as large aid agencies.

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Link to website: http://www.

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5
million ) and the Hewlett Foundation ($800,000). "By allowing donors to
fund projects directly, more money can get to communities where it will have
the greatest impact.

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"We are pleased to support these very worthy charities that are working
hard in our communities to improve people's lives," said Eileen Howard Dunn,
Vice President of the CVS/pharmacy Charitable Trust. WASHINGTON, GlobalGiving , an Internet-based service
focused on making international philanthropy more efficient and high impact ,
received a second round of operational grant money from Omidyar Network ($1.

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About GlobalGiving
GlobalGiving was founded by two former World Bank executives who led the
team that created the World Bank Development Marketplace, at which social
entrepreneurs from around the world compete for grants.

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CVS/pharmacy Charitable Trust Awards $5 000 Dollars to Non-Profit Organization in Missouri

With the Trust's assistance, funding will help provide financial
assistance which will cover health insurance premiums, as well as
supplementary expenses to allow parents to stay with their hospitalized
children such as food, lodging, phone and travel costs.com/
Contact name at organization: Amy Riordan (314) 241-1600

The CVS/pharmacy Charitable Trust will be accepting applications for 2005
grants from May 1 to June 15, 2005.com, or through the
website's press room at http: //www. For example, in addition to enabling the general
public to find and fund projects, GlobalGiving works with organizations such
as USAID to spur public-private sector partnerships, amplifying this powerful
new channel of international aid and philanthropy.

CONTACT: Joan Ochi of GlobalGiving , +1-301-652-8455,
jochi@globalgiving.

contribute charity

For additional information, go to
http://www .html.
"GlobalGiving is building a new model for international philanthropy,"
said Susan Bell , Vice President, Hewlett Foundation.