News Release

Thursday, May 05, 2005

Contact: George Stinnett, CHKD, (757) 668-7043

WAL-MART SURPASSES $300 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK

Locally Wal-Mart and SAM’S CLUB associates and customers have raised more than $2.9 million for CHKD since 1991.

HAMPTON ROADS, Va.—Children’s Miracle Network (CMN) announced recently that Wal-Mart Stores Inc. has reached an incredible milestone in the organization’s history – raising and donating more than $300 million for CMN-affiliated hospitals in 18 years. Donations made to CMN directly benefit 170 children’s hospitals in North America, including Children’s Hospitals of The King’s Daughters in Norfolk. “Wal-Mart’s associate-based fund raising is unprecedented,” said Mick Shannon, co-founder of Children’s Miracle Network. “In addition to contributions made through the Wal-Mart & SAM’S CLUB Foundation, associates nationwide band together every year to carry out grassroots fund raising efforts at their locations to help local children’s hospitals – and they engage customers and community to take part. It’s a unique approach that works extremely well.” The large presence of Wal-Mart stores and SAMS’S Club locations in this region provide a large support base for CHKD. “Wal-Mart associates have a strong commitment to give back and help others,” said Betsy Reithmeyer, vice president of Wal-Mart corporate affairs. “One hundred percent of the dollars raised for CMN stays within the community where funds are donated, which is in step with our philosophy of giving back locally. It is our customers and associates who help make miracles possible each year for the children at these hospitals. Through store bake sales, softball and golf tournaments, car washes, selling CMN balloons and other activities Hampton Roads-area Wal-Mart and SAM’S CLUB efforts have raised more than $2.9 million since 1991 and have helped CHKD fund a variety of diagnostic and imaging equipment for it’s radiology department and the Children’s Imaging Center. Recently, the purchase of a new Seimens CT (computerized tomography) scanner costing approximately $910,000 was made possible through the generosity of local Wal-Mart and SAM’S CLUB efforts. “CHKD is blessed to have a benevolent, kind-hearted and committed corporate good neighbor like our local Wal-Mart and SAM’S CLUBS,” said Beth Duke, CHKD’s senior vice president for community relations. “With their help, our hospital continues to provide world-class, state-of-the-art care to all the region’s children without regard for their family’s ability to pay. Everyone at CHKD is grateful to Wal-Mart and SAM’S CLUB associates and customers for enthusiastically supporting the hospital and CMN. They’re truly helping us make miracles happen – right here at home.” Children's Hospital of The King's Daughters is the only facility of its kind in Virginia, serving the medical and surgical needs of children throughout greater Hampton Roads, the Eastern Shore of Virginia and northeastern North Carolina. The not-for-profit hospital was founded in 1961 and provides care to approximately 160,000 children each year as inpatients and outpatients, addressing routine and complex illnesses, injuries and chronic conditions. The CHKD Health System operates primary care pediatric practices, surgical practices, multi-service Health Centers and satellite offices throughout its service region. The organization also includes a child care center, Center for Pediatric Research, health education initiatives and a multitude of avenues through which our very generous community provides philanthropic support. To learn more, go to www.chkd.org. CMN – the alliance of premier children’s hospitals – is a non-profit organization dedicated to saving and improving the lives of children by raising funds for children’s hospitals across North America. Each year the 170 CMN hospitals provide the finest medical care, life-saving research and preventative education to help millions of kids overcome diseases and injuries of every kind. To learn more, go to www.cmn.org.