LAVAL, QC, June 19, 2012 /PRNewswire/ – Alimentation Couche-Tard Inc.
(“Couche-Tard”) (TSX: ATD.A ATD.B) has today, through its wholly owned
subsidiary Couche-Tard Norway AS, become owner of 243,593,717 shares,
equal to 81.20% of the issued and outstanding shares, in Statoil Fuel &
Retail ASA (“SFR”) (Oslo Børs/SFR), and thereby triggered a mandatory
offer obligation for all the issued and outstanding shares in SFR as
provided for under section 6-1 in the Norwegian Securities Trading Act.
The above shares are the shares tendered up to and including June 12,
2012 under Couche-Tard Norway AS’ voluntary offer for all the issued
and outstanding shares in SFR.

The acceptance period for the voluntary offer expires on June 20, 2012
at 17.30 CET, and settlement for shares tendered under the voluntary
offer in the period from June 13, 2012 through June 20, 2012 at 17.30
CET, will occur on June 26, 2012.

Should the acceptance level reach 90% under the voluntary offer expiring
on June 20, 2012 at 17.30 CET, Couche-Tard Norway AS will as soon as
possible (at the latest on July 24, 2012) and as provided for in the
Norwegian Securities Trading Act section 6-22 (3), initiate a
compulsory acquisition (squeeze-out) of any shares not tendered or held
by Couche-Tard Norway AS without presenting a mandatory offer. The
notice period for the compulsory acquisition will be two months from
Couche-Tard Norway AS has made public its notification initiating the
process, and settlement will be made promptly after expiry of the
two-month period. The offer price in the compulsory acquisition will
equal the offer price in the voluntary offer of NOK 51.20.

Should the said 90% threshold not be reached before the expiry of the
voluntary offer, Couche-Tard Norway AS will as soon as possible and at
the latest within four weeks from today present a mandatory offer for
all the issued and outstanding shares in SFR not already having been
acquired by Couche-Tard. The mandatory offer will have an acceptance
period of four weeks and the offer price in the mandatory offer will
equal the offer price in the voluntary offer of NOK 51.20, the latter
representing Couche-Tard’s best and final offer.

For questions regarding the voluntary or mandatory offer, please
contact:

Receiving Agent:
Nordea Bank Norway ASA, Issuer Services
Tel: +47 22 48 62 62
Fax: +47 22 48 63 49
Issuerservices@nordea.com

About Alimentation Couche-Tard Inc.

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 January 29, 2012, Couche-Tard had a network of 5,817
convenience stores, 4,225 of which include motor fuel dispensing. At
the same date, the Corporation had agreements for the supply of motor
fuel to 338 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. More than 53,000 people are employed
throughout Couche-Tard’s retail convenience network and service
centers.

For more information on Alimentation Couche-Tard, please visit: http://www.couchetard.com/corporate/

Forward-Looking Statements

The statements set forth in this news release, which describe
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 “will”,
“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 projection. 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 documents filed by Couche-Tard
with securities regulatory authorities in Canada. 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 news release is
based on information available as of the date of the release.

SOURCE ALIMENTATION COUCHE-TARD INC.