1. Walgreens vs. Wal-Mart Computer Applications S-3

2. Walgreens Number 44 on Fortune 500 list Number 44 on Fortune 500 list Operates in 49 states and in Puerto Rico Operates in 49 states and in Puerto Rico 5,997 total stores 5,997 total stores

3. Walgreens Financial Overview

4. Wal-Mart Number 1 on Fortune 500 list Number 1 on Fortune 500 list Operates in all 50 states and outside US Operates in all 50 states and outside US 2,757 total International stores 2,757 total International stores 4,022 total US stores 4,022 total US stores 6,779 total stores 6,779 total stores

5. Wal-Mart Financial Overview

6. Thriving Company? Wal-Mart exceeds Walgreens companies Wal-Mart exceeds Walgreens companies 291,130 million dollars difference in Net Sales 291,130 million dollars difference in Net Sales 9,243 million dollars difference in Net Earnings 9,243 million dollars difference in Net Earnings 43 company difference on Fortune 500 list 43 company difference on Fortune 500 list Operates in all 50 states and outside the US Operates in all 50 states and outside the US Walgreens Walgreens Net Earnings close to that of Wal-Mart’s despite difference in number of stores Net Earnings close to that of Wal-Mart’s despite difference in number of stores

7. References Walgreens Annual Report Online Walgreens Annual Report Online http://passthrough.fw- notify.net/download/153956/http://investor.walgre ens.com/downloads/AR2007.pdf http://passthrough.fw- notify.net/download/153956/http://investor.walgre ens.com/downloads/AR2007.pdf Wal-Mart Annual Report Online Wal-Mart Annual Report Online http://walmartstores.com/Files/2007_annual_repor t.pdf http://walmartstores.com/Files/2007_annual_repor t.pdf