DHL and Walgreens Partner to Provide the Most Convenient and Accessible Shipping Experience in the Express Delivery Industry

• Agreement Is a Major Step in DHL’s Retail Strategy to Reach Small and Mid- Size Businesses as Well as Consumers
• DHL Express Services to be Available at Retail Outlets Nationally
• More than Doubles the DHL U.S. Retail Presence in 2008

PLANTATION, Fla.--(BUSINESS WIRE)--DHL, the world’s leading express delivery and logistics company, has entered into a strategic agreement with Walgreens (NYSE:WAG) (NASDAQ:WAG), the nation’s largest drugstore chain, which will more than double the number of retail outlets offering DHL Express shipping services nationally. Walgreens is projected to expand to more than 6,500 locations by the end of 2008 with more than 1,600 stores open 24 hours a day. The Walgreens/DHL agreement brings an unprecedented strategic retail partnership to the express delivery industry with the highest level of convenience and accessibility for small businesses and consumers.

“DHL’s success partnering with a retailer to offer in-store shipping services has proven that American businesses and consumers want the convenience of shipping where they shop, and Walgreens is the perfect partner”

The new agreement is designed to readily service shippers sending and dropping off their packages via DHL for overnight, ground or international delivery. The DHL Shipping Spot will be staffed by Walgreens associates at Walgreens photo counters to weigh, label and ship customer packages to U.S. or international destinations, creating a simple and easy shipping experience.

“DHL’s success partnering with a retailer to offer in-store shipping services has proven that American businesses and consumers want the convenience of shipping where they shop, and Walgreens is the perfect partner,” said Hans Hickler, CEO of DHL Express (USA). “Expanding DHL’s retail presence is an important next step in our U.S. retail strategy, as well as our small to mid-size business growth plans. The combination of shipping within the corner drugstore environment on a national basis is unprecedented and allows both DHL and Walgreens to provide even more convenience to customers in unparalleled ways,” continued Hickler.

Walgreens customers will have access to DHL’s core express products and services. Shippers will benefit from the convenience of a DHL location “down the street” and “around the corner” that provides access to a global shipping network serving over 225 countries and territories.

“We’ve seen strong customer response to DHL in-store shipping in test markets,” said Walgreens Executive Vice President of Marketing George Riedl. “The service addresses an important need for our time-crunched customer base. This new offering will be another powerful addition to our overall strategy of making life easier for customers.”

By end of 2008, DHL will have more than doubled its retail presence with retail shipping locations, including Walgreens and OfficeMax locations, as well as thousands of independently owned and operated shipping centers that are part of the DHL Authorized Shipping Center network.

About DHL

At DHL, Customer Service is back in shipping. Our mission is to provide the most flexible, personable and enjoyable experience in the shipping industry for our customers.

DHL is the global market leader of the international express and logistics industry, specializing in providing innovative and customized solutions from a single source. DHL offers expertise in express, air and ocean freight, overland transport, contract logistic solutions as well as international mail services, combined with worldwide coverage and an in-depth understanding of local markets. DHL's international network links more than 225 countries and territories worldwide with over 300,000 employees dedicated to providing fast and reliable services that exceed customers' expectations.

Founded in San Francisco in 1969, DHL is a Deutsche Post World Net brand. The group generated worldwide revenues of $80 billion in 2006. For more information on DHL, visit www.dhl.com.

About Walgreens

Walgreens is the nation's largest drugstore chain with fiscal 2007 sales of $53.8 billion. The company operates 6,139 stores in 49 states and Puerto Rico, including 77 Happy Harry's stores in Delaware and surrounding states. Walgreens is expanding its patient-first health care services beyond traditional pharmacy through Walgreens Health Services, its managed care division, and Take Care Health Systems, a wholly owned subsidiary that manages convenient care clinics at drugstores. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives Inc. (a pharmacy benefit manager) Walgreens Mail Service Inc., Walgreens Home Care Inc. and Walgreens Specialty Pharmacy LLC.