Mr. Raymond Pare reports

ALIMENTATION COUCHE-TARD PRICES $700-MILLION OFFERING OF SENIOR UNSECURED NOTES

Alimentation Couche-Tard Inc. has priced an offering of $700-million principal amount of 3.60-per-cent Series 5 senior unsecured notes due 2025. The notes will be direct unsecured obligations of Couche-Tard and will rank pari passu with all other outstanding unsecured and unsubordinated indebtedness of Couche-Tard. The offering of the notes is expected to close on or about June 2, 2015.

The notes are expected to be rated BBB by Standard & Poor's, a division of the McGraw-Hill Companies Inc., and Baa2 by Moody's Investors Service Inc.

Couche-Tard intends to use the net proceeds of the offering of approximately $696.5-million to pay down a portion of amounts outstanding under its senior credit facilities, which were drawn down to, inter alia, complete the acquisition of the Pantry Inc. The notes will be offered in Canada on a private placement basis pursuant to an agency agreement with HSBC Securities (Canada) Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc. and Wells Fargo Securities Canada Ltd., with HSBC Securities (Canada) and Desjardins Securities acting as co-lead agents.

We seek Safe Harbor.