Rite Aid Kicks Off 23rd Annual Miracle Balloon Campaign to Support Children’s Miracle Network Hospitals

PRESS RELEASE

Camp Hill, Pa. (March 20, 2017) - From now through May 6, Rite Aid associates chainwide will be raising money for their local Children's Miracle Network Hospital during the Company's annual Miracle Balloon campaign. Rite Aid customers will be encouraged to support their local children's hospital by purchasing $1 paper Miracle Balloon and in return, customers will receive $7 in coupon offers for select products sold at Rite Aid.

"For nearly 25 years, Rite Aid has been a proud sponsor of Children's Miracle Network Hospitals," said Ken Martindale, Rite Aid CEO of stores, president of Rite Aid Corporation and president of The Rite Aid Foundation. "Thanks to the tremendous efforts of our associates to raise funds during the campaign and the generosity of our customers and supplier partners, we're able to bring our core value of being a caring neighbor to life, helping to make miracles happen for children being treated at the 95 hospitals we support across the country."

The 2017 campaign marks Rite Aid's 23rd year of fundraising for the organization, which helps provide pediatric equipment, treatments, research, therapy programs and charitable care benefiting sick and injured kids. Since becoming a partner in 1994, Rite Aid has raised nearly $81 million, including $6 million in 2016, for Children's Miracle Network Hospitals, making Rite Aid the organization's sixth largest corporate partner. In addition to selling Miracle Balloons, Rite Aid associates host a variety of special fundraisers such as motorcycle rides, golf and fishing tournaments, plant and flower sales and car washes.

"We're thrilled our long-time partner, Rite Aid, is kicking off their annual fundraising campaign during Children's Hospitals Week, a new initiativededicated to shining a light on the importance of children's hospitals and how donations help kids get the best care when they need it," said John Lauck, Children's Miracle Network Hospitals president and CEO. "We are so grateful for Rite Aid's continued support and applaud their unwavering commitment to improve the lives of the sick and injured children."

Rite Aid Corporation (NYSE: RAD) is one of the nation's leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2016 annual revenues of $30.7 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

Children's Miracle Network Hospitals® raises funds and awareness for 170 member hospitals that provide 32 million treatments each year to kids across the U.S. and Canada. Donations stay local to fund critical treatments and healthcare services, pediatric medical equipment and charitable care. Since 1983, Children's Miracle Network Hospitals has raised more than $5 billion, most of it $1 at a time through the charity's Miracle Balloon icon. Its various fundraising partners and programs support the nonprofit's mission to save and improve the lives of as many children as possible. Find out why children's hospitals need community support, and learn about your member hospital, at CMNHospitals.org and facebook.com/CMNHospitals.