EMERSON CLIMATE TECHNOLOGIES™ ENABLES SIGNIFICANT ENERGY SAVINGS FOR CVS/PHARMACY STORES

Emerson’s integrated facility management technology proves its value for nation’s leading retail pharmacy

ST. LOUIS, April 22, 2005 – Emerson Climate Technologies™, a business of Emerson (NYSE: EMR), today announced that its E2 Facility Management System has been installed in approximately 3,000 retail facilities, restaurants, supermarkets and convenience stores worldwide since its introduction in 2003.

Emerson’s E2 Facility Management System is an electronic control system that integrates the control of all lighting, refrigeration and HVAC equipment for a store location – and enables multiple stores to be monitored from a central location. Retailers can collect and analyze data for individual stores and the entire network and act quickly to improve equipment performance and energy efficiency. The technology enables retail store chains to reduce their annual energy and maintenance expenses across a network of stores by 15 percent or more.

CVS/pharmacy is one of several national retailers that are installing E2 systems to more efficiently monitor and manage energy consumption within their facilities. More than 350 CVS/pharmacy stores now use the E2 system, and the pharmacy retailer plans to continue incrementally upgrading to the E2 system at both its existing and new stores. CVS/pharmacy operates more than 5,000 stores across the United States.

“Working with Emerson Climate Technologies, we are optimizing our energy management strategies while maintaining or improving comfort conditions at our stores,” said Mark Thibodeau, director of energy management for CVS/pharmacy. “Our use of Emerson’s facility management system ensures that we are achieving energy savings and helps us identify opportunities to further reduce energy consumption.”

The E2 system is designed, manufactured and installed by the Computer Process Controls (CPC) division of Emerson Climate Technologies. This Emerson business is a leading provider of electronic refrigeration and building environmental control systems. CPC controllers have been installed in approximately 17,000 facilities worldwide.

“Before employing the Emerson system, CVS/pharmacy relied on independent contractors to set up and maintain corporate operating parameters for energy efficiency and maintenance,” said Emerson Executive Vice President Tom Bettcher, business leader for Emerson Climate Technologies. “By taking direct control of all environmental settings and maintaining them within corporate guidelines along with remote access to diagnose system issues, CVS/pharmacy is able to drive enterprise-wide savings.”

For more information about Emerson’s E2 facility management system, visit www.emersonclimate.com/Divisions/CC_001178.htm.

About Emerson
Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2004 were $15.6 billion. For more information, visit GoToEmerson.com.

About Emerson Climate Technologies

Emerson Climate Technologies™, a business of Emerson, is the world’s leading provider of heating, ventilation, air conditioning and refrigeration solutions for residential, industrial and commercial applications. The group combines best-in-class technology with proven engineering, design, distribution, educational and monitoring services to provide customized, integrated climate control solutions for customers worldwide. Emerson Climate Technologies’ innovative solutions, which include industry-leading brands such as Copeland Scroll™ and White-Rodgers®, improve human comfort, safeguard food and protect the environment. For more information, visit www.emersonclimate.com.

About CVS/pharmacy

CVS is America's #1 retail pharmacy, operating 5,375 retail and specialty pharmacy stores in 36 states and the District of Columbia as of January 1, 2005. With more than 40 years of dynamic growth in the retail pharmacy industry, CVS is committed to being the easiest pharmacy retailer for customers to use. CVS has created innovative approaches to serve the healthcare needs of all customers through its CVS/pharmacy® stores; its online pharmacy, CVS.com®; and its pharmacy benefit management and specialty pharmacy subsidiary, PharmaCare®. General information about CVS is available through the Investor Relations portion of the Company's Web site, at http://investor.CVS.com.