THE JEAN COUTU GROUP PJC INC

The Jean Coutu Group is one of the most trusted names in Canadian pharmacy retailing. The Corporation operates a network of 416 franchised stores located in the provinces of Québec, New Brunswick and Ontario under the banners of PJC Jean Coutu, PJC Clinique, PJC Santé and PJC Santé Beauté, which employs close to 20,000 people. Furthermore, as of December 2007, the Jean Coutu Group owns Pro Doc Ltd ("Pro Doc"), a Québec-based subsidiary and manufacturer of generic drugs. Thanks to its le... ading position and efficiency-driven development strategy, the Company plays an important role in the advancement of professional practice in drugstores. Its rigour, sense of innovation and ability to adopt new methods allow it to take advantage of the development possibilities offered by an industry with strong growth prospects. The Jean Coutu Group is a leader in the retail drugstore industry in its chosen markets. The company offers high quality products for health, hygiene and beauty, in a friendly and efficient environment. Their strength lies in the reputation of the PJC network, our marketing leadership and supervision of franchisees. They are committed to providing superior returns to our shareholders and offering interesting careers to all the professionals and employees of the network and the Jean Coutu Group. The company was started in 1969 when Jean Coutu, the Company's Founder and Chairman of the Board, opened his first pharmacy. Jean introduced an innovative concept in which pharmaceuticals, related products and other retail merchandise would be sold at large discounts in establishments offering high quality service and extended business hours. Over the years, the Jean Coutu Group has always succeeded in adapting to changes in the profession of pharmacist and in the field of retail management. From the outset, the Jean Coutu Group has kept up with new market trends in order to better meet the needs of its customers. From the introduction of generic to the roll-out of pharmacare in Quebec, to the emergence of megastores, the company has maintained its position as an industry leader by constantly adapting to the times. The rise of the Jean Coutu Group is inextricably linked to Quebec's growing entrepreneurial drive. In the past several decades, Quebecers have used innovation and audacity to establish a place for themselves in several commercial and industrial sectors in North American and world markets.