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Omnicare to Release Third-Quarter Earnings and Hold Conference Call on Thursday, October 30, 2008

COVINGTON, Ky.-(Business Wire)-October 3, 2008 - Omnicare, Inc. (NYSE:OCR - News) will release its financial results for the third quarter ended September 30, 2008, on Thursday, October 30, 2008, before the opening of trading on the New York Stock Exchange.

Omnicare will hold its quarterly conference call to discuss third-quarter results on Thursday, October 30, at 11 a.m. ET. This call is being webcast and can be accessed at Omnicare's Web site at www.omnicare.com by clicking on "Investors" and then on "Conference Calls."

An archived replay of the webcast will be available on the company’s Web site at www.omnicare.com. The online replay will be available beginning approximately two hours after the completion of the live call and will remain available for 14 days.

Omnicare, Inc. (NYSE:OCR), a Fortune 500 company based in Covington, Kentucky, is a leading provider of pharmaceutical care for the elderly. Omnicare serves residents in long-term care facilities, chronic care and other settings comprising more than 1.4 million beds in 47 states, the District of Columbia and Canada. Omnicare is the largest U.S. provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings. Omnicare's pharmacy services also include distribution and patient assistance services for specialty pharmaceuticals. Omnicare offers clinical research services for the pharmaceutical and biotechnology industries in 30 countries worldwide. For more information, visit the company's Web site at www.omnicare.com.

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