Announcement of the result of Alimentation Couche-Tard’s offer for all shares in Statoil Fuel & Retail

Announcement of the result of Alimentation Couche-Tard’s offer for all shares in Statoil Fuel & Retail

PR Newswire

LAVAL, QC, June 21, 2012 /PRNewswire/ – Alimentation Couche-Tard Inc.
(“Couche-Tard”) (TSX: ATD.A ATD.B) announces that its offer, through
its wholly owned subsidiary Couche-Tard Norway AS, for all the shares
of Statoil Fuel & Retail ASA (“SFR”) (Oslo Børs/SFR), as per expiry of
the offer on June 20, 2012 at 17.30 CET received acceptances for
282,213,068 shares, representing 94.07 % of the outstanding shares and
votes in SFR.

In addition to the shares tendered, Couche-Tard has as per June 20,
2012
, through its wholly owned subsidiary Couche-Tard Inc., purchased
7,942,737 shares in SFR, equal to 2.65 % of the outstanding shares and
votes, in the market (at prices not exceeding the offer price), none of
which have been settled as of today, but settlement will take place as
soon as possible.

Couche-Tard now owns or has rights to 290,155,805 shares, equal to
96.72 % of the outstanding shares and votes in SFR.

Couche-Tard intends to make purchases of SFR shares in the market and
has given SEB Enskilda an order to buy any remaining shares (up to
9,844,195 shares) at a price of up to NOK 51.20 per share. Any
shareholder wanting to sell its shares to Couche-Tard, may contact SEB
Enskilda at tel (+47) 21 00 85 40.

Couche-Tard will, as earlier announced, initiate a compulsory
acquisition of any remaining shares in SFR in compliance with Norwegian
law.

Settlement for shares tendered under the voluntary offer in the period
from June 13, 2012 through June 20, 2012 at 17.30 CET, will, as earlier
communicated, occur on June 26, 2012.

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.

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