Walgreen Co. (NYSE, NASDAQ: WAG) today announced a definitive agreement in which the company agreed to acquire the assets of 12 Eaton Apothecary pharmacies in the Boston area from D.A.W., Inc., a subsidiary of Nyer Medical Group, Inc. (NASDAQCM: NYER). The transaction is valued at approximately $19 million.

“Today is a very special day for our Boston market,” said Dave White, Walgreens market vice president for Boston. “Not only are we keeping most of the pharmacies open, but we also intend for eligible employees at all 12 locations to join our team. Eaton’s customers should expect to see the familiar faces and services they know and trust, while benefiting from Walgreens expanded product and service offering. We look forward to continuing Eaton’s 100-plus year tradition of quality pharmacy service in communities around the Boston area.”

“I am happy to say that Walgreens interest in Eaton’s has been beyond buying only prescription files – they will continue to operate a majority of the 12 stores as well as hire all eligible employees from the 12 locations,” said Mark Dumouchel, President of D.A.W and Nyer Medical Group. “I am confident that the best choice for our customers and employees is Walgreens.”

The acquisition is subject to certain terms and conditions, and is expected to close within the next 90 days.

Walgreens (www.walgreens.com) is the nation’s largest drugstore chain with fiscal 2009 sales of $63 billion. The company operates 7,045 drugstores in all 50 states, the District of

Columbia and Puerto Rico. Walgreens provides the most convenient access to consumer goods and services and cost-effective pharmacy, health and wellness services in America through its retail drugstores, Walgreens Health Services division and Walgreens Health and Wellness division. 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., Walgreens Specialty Pharmacy LLC and SeniorMed LLC (a pharmacy provider to long-term care facilities). Walgreens Health and Wellness division includes Take Care Health Systems, the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Cautionary Note Regarding Forward-Looking Statements

Certain information in this press release, as well as in our public filings, the company Web site, other press releases, the expected closing of the acquisition of certain assets of the Eaton Apothecary pharmacies and oral statements made by our representatives, is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes statements concerning pharmacy sales trends, prescription margins, number and location of new store openings, outcomes of litigation, the level of capital expenditures, and demographic trends. Forward looking information includes statements with words such as "expects," "estimates," "intends," "believes," "plans," "anticipates" or similar language. For such statements, we claim the protection of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements involve risks and uncertainties, known or unknown to the company, that could cause results to differ materially from management expectations as projected in such forward-looking statements. These risk and uncertainties are discussed in Item 1A of the company’s annual report on Form 10-K for the period ended August 31, 2008 as well as other documents filed with the Securities and Exchange Commission. Unless otherwise required by applicable securities laws, the company assumes no obligation to update its forward-looking statements to reflect subsequent events or circumstances.

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