TORONTO, May 12 /CNW/ -WHAT:  Canadian Tire Corporation, Limited will hold its Annual Meeting
           of Shareholders. A media question and answer session will follow
           the Annual Meeting of Shareholders at approximately 11 a.m. EDT

    WHEN:  Annual Meeting: Thursday, May 14, 2009 at 10 a.m. EDT

           Earnings Conference Call: Thursday, May 14, 2009 at 3:30 p.m. EDT

    HOW:   To listen in to the earnings conference call with the investment
           community, please dial 1-888-241-0394 for United States and Canada
           and 1-647-427-3413 for outside of the United States and Canada.
           The replay will be available until June 14th, 2009 at 1-800-695-
           1018. The conference identification number is 96348629.

           The conference call will be available simultaneously and in its
           entirety to all interested investors and the news media through a
           webcast at http://corp.canadiantire.ca/EN/investors.

    WHERE: MaRS Centre
           101 College Street
           Toronto, Ontario