degreefrom the University of Minnesota College of Pharmacy in 1966. “I am most appreciative, but surprised, to be named the recipient of the 2009AACP Board of Directors Distinguished Service Award,” said Dr Spratto. “Mysincere thanks to the nominators and to the AACP Board for selecting me for thisprestigious award; it means a lot to me.” The 2009 AACP Annual Meeting and Seminars, Leading the Revolution, will be heldJuly 18-22, 2009 at the Westin Boston Waterfront Hotel in Boston, Mass. Theconference offers educational programming, exhibits, networking events and awardpresentations Registration fees are waivedfor credentialed journalists. Visitthe AACP Web siteor contact our media relations representativefor moreinformation.About AACPFounded in 1900, the American Association of Colleges of Pharmacy (AACP) is anational organization representing the interests of pharmacy education andeducators.

Comprising 112 accredited colleges and schools of pharmacy includingmore than 5,500 faculty, 50,000 students enrolled in professional programs and3,900 individuals pursuing graduate study, AACP is committed to excellence inpharmacy education.AACPRebecca MorganDirector of Communications703-739-2330 ext 1032202-280-8068 (cell) Copyright Business Wire 2009. OTTAWA, ONTARIO, Jun 26 (MARKET WIRE) — Canada Post has submitted a regulatory proposal, in accordance with theCanada Post Corporation Act (“the Act”), to set the domestic basic letterrate (BLR) for letters weighing 30g or less for a five-year periodstarting January 11, 2010. The BLR would increase by three cents to 57cents in January 2010, and rise by an additional two cents annually from2011 to 2014. Delivering tothese additional addresses added an estimated $26 million in 2008 aloneto the Corporation’s cost of operations.While the number of addresses continues to increase, the volume oflettermail each address receives is declining significantly.

In 2008, thenumber of transaction mail pieces handled by Canada Post declined by 87million pieces. The operational cost of delivering to each household isthe same regardless of how many pieces of mail are delivered.Finally, Canada Post has an urgent need to invest in equipment and itsinfrastructure. Much of the mail processing equipment has reached the endof its life cycle, and while the company is making every effort tomaintain the machines in working order, the existing equipment hasreached its technological and physical limits. The potential for negativeimpact on service rises the longer they remain in use.These challenges were recognized by an independent advisory panel in its”Strategic Review of the Canada Post Corporation” report submitted to theGovernment in December 2008. The Panel noted that pricing for CanadaPost’s regulated products should ensure sufficient revenue andprofitability to support financial self-sustainability while providingCanadians with reasonable postal rates. The panel suggested that asignificant one-time stamp price increase for lettermail may be requiredto ensure ongoing self-sustainability.The impact of this price increase to Canadian consumers would be minimal.If the Permanent(TM) stamp is purchased in advance of rate changes, therewould be no impact. If consumers choose to wait until next year, theproposed BLR increase would represent $1.35 per household in additionalpostage costs in 2010, based on the average Canadian household purchaseof 45 stamps a year.Small businesses would benefit from a new one-time rebate that CanadaPost is offering to offset the initial effects of the proposed three-centincrease in 2010.

Small businesses could also mitigate the effect ofstamp increases by purchasing Permanent(TM) stamps.Large businesses would continue to benefit from incentive rates, whichare set lower than the regulated Lettermail rates in exchange for mailpreparation work-sharing requirements.”Our 2010 pricing strategy is intended to better align our revenues withthe rising costs of maintaining our universal service obligation,” saidMs Greene. “At the same time, we are looking at ways of reducing thecosts of our postal operation in the long term while bringingimprovements to customers.” Key to those long-term efforts are planned structural changes at CanadaPost that would transform and modernize Canada’s postal system. Withthese changes, Canada Post would be able to sort the mail faster and moreefficiently and continue to keep mailing costs as low as possible in thefuture. The Corporation would be able to build a database of “clean”addresses, which would result in less undeliverable mail, improveddelivery efficiency and reliability. For Direct Marketing customers, thiswould improve the return on their marketing expenditures.

The Corporationwould be able to trace mail more effectively from the time that it isinducted into the Canada Post system, until the time that it is deliveredto the ultimate recipient.Canada Post has also been steadily driving cost efficiencies to addressthe Corporation’s financial challenges. In 2008, the Corporation achieved$240 million in cuts to planned expenditures by increasing productivity,leveraging attrition, standardizing operating procedures and improvinginformation systems. These cost-cutting efforts have continued into 2009,during which a further $250 million reduction in planned costs will beachieved. This restraint program has included a five-per-cent reductionin the management workforce and a reduction of hours worked byapproximately two million by the end of June.Even after the five years of price increases envisioned by the BasicLetter Rate proposal, Canadians would still enjoy one of the lowestdomestic BLRs among developed nations based on current trends.Other rate adjustments for regulated products published in the CanadaGazette include a 2-cent increase to $1.00 for letters, cards andpostcards up to 30g destined for the USA; and a 5-cent increase to $1.70for letters, cards and postcards up to 30g to foreign destinations. Seeattached backgrounder for additional details.Canadians have 60 days to express their views to the Minister ofTransport regarding the proposals.ANNEX – IBACKGROUND INFORMATIONCanada Post Regulated Price Increases for January 2010- Domestic Lettermail – Standard, non-standard and oversize Lettermailare regulated under the Canada Post Corporation Act.