FOURTH QUARTER AND FISCAL YEAR 2011 RESULTS

  • Operating income before amortization ("OIBA") amounted to $75.6 million, an increase of 6.2% compared with the fourth quarter of fiscal year 2010.
  • Net earnings per share amounted to $0.20 compared with $0.18 during the fourth quarter of fiscal year 2010.
  • Quarterly dividend increases by 9.1% to $0.06 per share.

Longueuil, Québec, April 28, 2011 - The Jean Coutu Group (PJC) Inc. (the "Company" or the "Jean Coutu Group") reported its financial results today for the fourth quarter of fiscal year 2011 ended February 26, 2011.

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Hélène Bisson
Vice-President, Communications
The Jean Coutu Group (PJC) Inc.
(450) 646-9611, Extension 1165
hbisson@jeancoutu.com

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