NHC to Pay Common and Preferred Dividends

  NHC to Pay Common and Preferred Dividends

Business Wire

MURFREESBORO, Tenn. -- October 31, 2012

National HealthCare Corporation (NYSE MKT: NHC) (NYSE MKT: NHC.PRA), one of
the nation’s oldest long-term health care companies, announced today that it
will pay a quarterly dividend of 30 cents per common share to shareholders of
record on December 31, 2012 and payable on March 1, 2013 and a dividend of 20
cents per preferred share to shareholders of record on December 17, 2012 and
payable on January 15, 2013.

Forward-Looking Statements

Statements in this press release that are not historical facts are
forward-looking statements. NHC cautions investors that any forward-looking
statements made involve risks and uncertainties and are not guarantees of
future performance. The risks and uncertainties are detailed from time to time
in reports filed by NHC with the S.E.C., including Forms 8-K, 10-Q and 10-K,
and include, among others, the following: liabilities and other claims
asserted against us and patient care liabilities, as well as the resolution of
current litigation; availability of insurance and assets for indemnification;
national and local economic conditions; including their effect on the
availability and cost of labor, utilities and materials; the effect of
government regulations and changes in regulations governing the healthcare
industry, including our compliance with such regulations; changes in Medicare
and Medicaid payment levels and methodologies and the application of such
methodologies by the government and its fiscal intermediaries, the ability of
third parties for whom we have guaranteed debt to refinance certain short term
debt obligations; and other factors referenced or incorporated by reference in
the S.E.C. filings. The risks included here are not exhaustive. All
forward-looking statements represent NHC’s best judgment as of the date of
this release.

About NHC

NHC affiliates operate for themselves and third parties 75 long-term health
care centers with 9,460 beds. NHC affiliates also operate 37 homecare
programs, six independent living centers and 17 assisted living communities.
NHC’s other services include Alzheimer’s units, long-term care pharmacies,
hospice, a rehabilitation services company, and providing management and
accounting services to third parties. Other information about the company can
be found on our web site at www.nhccare.com.

Contact:

National HealthCare Corporation
Gerald Coggin, 615-890-2020
Senior VP of Corporate Relations