LAVAL, QC, Aug. 14, 2012 /PRNewswire/ – Alimentation Couche-Tard Inc.
(TSX: ATD.A ATD.B) announces today that it has signed, through its
indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to
acquire 29 stores in Orlando, Florida from Florida Oil Holdings, LLC.
The transaction is anticipated to close at the end of August 2012. The
transaction is subject to standard regulatory approvals and closing
conditions. According to a confidentiality agreement between the
parties the purchase price cannot be disclosed at this time. Internal
available cash dollars and available credit facilities will fund the
transaction.

All stores are company-operated and offer motor fuel, all under the BP
brand. Thirteen of the sites are equipped with car washes. The sites
would be operated by Couche-Tard’s Florida Division under the Circle K brand. Pursuant to this transaction, the Corporation would buy the land
and buildings for 23 locations and the remaining 6 locations are long
term leased sites.

“This is a great opportunity for the Florida Division to strengthen our
market share in the Orlando market. The assets are very high quality
and are great locations. I am very confident the assets and team will
make an immediate positive contribution to the Corporation. This
transaction would bring the company-operated store count for the
division to 406.” commented David Morgan, Vice-President Operations,
Florida.

Profile

Alimentation Couche-Tard Inc. is the leader in the Canadian convenience
store industry. In North America, Couche-Tard is the largest
independent convenience store operator (whether integrated with a
petroleum Corporation or not) in terms of number of company-operated
stores. As of April 29, 2012, Couche-Tard had a network of 5,803
convenience stores, 4,216 of which include motor fuel dispensing. At
the same date, the Corporation had agreements for the supply of motor
fuel to 350 sites operated by independent operators. Couche-Tard’s
network consists of 13 business units, including nine in the United
States covering 42 states and the District of Columbia, and four in
Canada covering all ten provinces. In addition, under licensing
agreements, about 3,990 stores are operated under the Circle K banner
in nine other countries worldwide (China, Guam, Hong Kong, Indonesia,
Japan, Macau, Mexico, Vietnam and United Arab Emirates). More than
60,000 people are employed throughout Couche-Tard’s retail convenience
network and service centers in North America.

Following its acquisition of Statoil Fuel & Retail ASA in June 2012,
Couche-Tard also operates a broad retail network across Scandinavia,
Poland, the Baltics, and Russia with approximately 2,300 stores, the
majority of which offer full and convenience products while the others
are automated (fuel only) stations. Throughout our European operations,
Couche-Tard also generates revenues from stationary energy, marine
fuel, aviation fuel, lubricants and chemicals. It operates 12 key
terminals as well as 38 depots in eight countries while it also
operates approximately 400 road tankers. Including employees at Statoil
branded franchise stations, about 18,500 people work in Couche-Tard’s
retail network across Europe, in its European corporate headquarters,
in its eight regional headquarters, in its terminals and in its depots.

The statements set forth in this press release, which describes
Couche-Tard’s objectives, projections, estimates, expectations or
forecasts, may constitute forward-looking statements within the meaning
of securities legislation. Positive or negative verbs such as “plan”,
“evaluate”, “estimate”, “believe”, “expect” and other related
expressions are used to identify such statements. Couche-Tard would
like to point out that, by their very natures, forward-looking
statements involve risks and uncertainties such that its results, or
the measures it adopts, could differ materially from those indicated or
underlying these statements, or could have an impact on the degree of
realization of a particular projections. Major factors that may lead to
a material difference between Couche-Tard’s actual results and the
projections or expectations set forth in the forward-looking statements
include the effects of the integration of acquired businesses and the
ability to achieve projected synergies, fluctuations in margins on
motor fuel sales, competition in the convenience store and retail motor
fuel industries, exchange rate variations, and such other risks as
described in detail from time to time in the reports filed by
Couche-Tard with securities authorities in Canada and the United
States. Unless otherwise required by applicable securities laws,
Couche-Tard disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking information in this
release is based on information available as of the date of the
release.

SOURCE ALIMENTATION COUCHE-TARD INC.