Walgreens Statement on Fiscal Cliff

  Walgreens Statement on Fiscal Cliff

Business Wire

DEERFIELD, Ill. -- November 21, 2012

Walgreens (NYSE: WAG) (Nasdaq: WAG) today issued the following statement from
President and CEO Greg Wasson:

“Walgreens supports the bi-partisan efforts of policymakers in Washington,
including the President and Congressional leadership, who are working hard
together to achieve consensus solutions to avoid the fiscal cliff before the
end of the year.

“As we all know, resolving the federal revenue and spending issues to avoid
the fiscal cliff is critical to our nation, our economy and further recovery,
as well as America’s future global competitiveness. We understand that the
decisions necessary to avoid the fiscal cliff are far from easy. But these
important fiscal decisions are critical to families across America, like the
customers and patients who depend on Walgreens for their consumer and health
care needs. It is absolutely clear that we need to protect their jobs, health
and economic future by avoiding the fiscal cliff, curbing the federal debt and
bringing our nation to long-term, sustainable fiscal health.

“Tough decisions in Washington to avoid the cliff, balancing both revenue and
spending considerations including entitlement reform, are also vital to
America’s businesses like Walgreens that will benefit from federal fiscal
clarity to make investments that ultimately advance jobs, growth and
prosperity for all.

“We hope Walgreens view will play a helpful role as policymakers in Washington
strive to achieve the consensus they seek to avoid the fiscal cliff, and put
America on a healthy fiscal course that will ensure our growth, prosperity and
competitiveness well into the future.”

About Walgreens

As the nation's largest drugstore chain with fiscal 2012 sales of $72 billion,
Walgreens (www.walgreens.com) vision is to become America’s first choice for
health and daily living. Each day, Walgreens provides more than 6 million
customers the most convenient, multichannel access to consumer goods and
services and trusted, cost-effective pharmacy, health and wellness services
and advice in communities across America. Walgreens scope of pharmacy services
includes retail, specialty, infusion, medical facility and mail service, along
with respiratory services. These services improve health outcomes and lower
costs for payers including employers, managed care organizations, health
systems, pharmacy benefit managers and the public sector. The company operates
8,030 drugstores in all 50 states, the District of Columbia and Puerto Rico.
Take Care Health Systems is a Walgreens subsidiary that is the largest and
most comprehensive manager of worksite health and wellness centers and
in-store convenient care clinics, with more than 700 locations throughout the


Michael Polzin, 847-315-2920
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