Three New Board Members Elected to Rite Aid Board of Directors

The Board of Directors of Rite Aid Corporation (NYSE,PCX:RAD) today announced the election of three new board members tothe Board. Their terms will expire at the company's annual meeting inJune, 2006, at which time it is expected they will stand forre-election. This election brings the Board membership to 12.

Elected to the Board are:

-- Joseph B. Anderson, 62, chairman of the board and chief
executive officer of TAG Holdings, LLC, a holding company for
various manufacturing, service and technology-based businesses
in North America and Asia, since 2002. Prior to TAG Holdings,
Mr. Anderson was chairman and chief executive officer of
Chivas Industries, LLC, a manufacturer of products for the
automotive industry, from 1994 until 2002. He began his
business career with General Motors in 1979, after 13 years as
an officer in the U.S. Army.

Mr. Anderson currently serves on the boards of Quaker Chemical
Corporation, ArvinMeritor, Inc. and Sierra Pacific Resources.
He received a bachelor of science degree in math and
engineering from the United States Military Academy, two
master's degrees from the University of California in Los
Angeles and graduated from the Harvard Advanced Management
Program. His professional and civic affiliations include
chairman of the Original Equipment Suppliers Association,
director of the Society of Automotive Engineers Foundation and
executive committee member of the National Association of
Black Automotive Suppliers. Mr. Anderson also serves on the
board of trustees of Kettering University.

-- Robert Mariano, 55, chairman and chief executive officer of
Roundy's Supermarkets, Inc., the leading retail grocer in
Wisconsin operating 134 stores under the Pick 'n Save, Copps
and Rainbow Foods banners in Wisconsin, Minnesota and
Illinois. Before joining Roundy's in 2002, he spent 25 years
at Dominick's Supermarkets in metropolitan Chicago, working
his way to the top until he served as president, chief
executive officer and chief operating officer from 1995 to
1998, when he sold the chain to Safeway, Inc.

Since joining Roundy's, Mariano consolidated and relocated the
company's home office, moving it from the Milwaukee suburbs to
downtown Milwaukee. Under his leadership, the company built
the Roundy's Oconomowoc Distribution Center, a 1.1 million
square foot facility located between Milwaukee and Madison, in
Oconomowoc. Mariano also established the Roundy's Foundation,
which provides grants to local non-profit groups concerned
with hunger relief, families in crisis and the advancement of
literacy. Mariano has an MBA from the University of Chicago
and a B.S. in Biology from the University of Illinois,
Chicago.

-- Marcy Syms, 54, chief executive officer of SYMS Corporation, a
chain of off-price clothing stores with 37 stores in 16
states, since 1998 and president and a director of SYMS since
1983. Author of the book "Minding Your Own Business and
Keeping It In the Family," Ms. Syms has also been an
instructor at Parsons School of Design.

She is currently chair of the advisory board for the Federal
Reserve Bank of New York, a board member of the New York
Chapter of the American Heart Association and the Manhattan
Theatre Club and a member of the World President's
Organization. A founding member of the Sy Syms School of
Business at Yeshiva University, she also serves as a trustee
for Prosperity New Jersey, a public/private partnership
designed to promote economic development. She holds a masters
of science degree in public relations from Boston University.

Rite Aid Corporation is one of the nation's leading drugstorechains with annual revenues of $16.8 billion and approximately 3,350stores in 28 states and the District of Columbia. Information aboutRite Aid, including corporate background and press releases, isavailable through the company's website at www.riteaid.com.