12 October 2011

Alliance Boots can confirm that it has written to current pensioner and dependant members of the Boots Pension Scheme offering them an opportunity to receive a one-off increase to part of their pension now, in return for giving up future inflationary increases on that part of their pension.

This offer has been made in order to provide current pensioner and dependant members of the Scheme with greater flexibility and choice over their pension payments, while also managing the Scheme’s funding position and the risks associated with its pension liabilities more effectively.

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