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Omnicare : Omnicare Announces Conversion Rate Adjustment for Convertible Notes



Omnicare : Omnicare Announces Conversion Rate Adjustment for Convertible Notes

CINCINNATI, January 22, 2013 - Omnicare, Inc. (NYSE: OCR) announced today that
the adjusted conversion rate for the 3.25% Convertible Senior Debentures due
December 15, 2035 (December 2035 Notes) is 12.7008 shares of common stock per
$1,000 principal amount or approximately $78.74 per share, effective December
24, 2012. 

The conversion rate for the December 2035 Notes is adjusted in connection with
the regular quarterly dividend of $0.14 paid on December 28, 2012, to all
stockholders who owned shares of Omnicare on December 24, 2012, the record
date.  The conversion rate for the December 2035 Notes was previously 12.5423
shares of common stock per $1,000 principal amount of the December 2035 Notes.

About Omnicare

Omnicare, Inc., a Fortune 400 company based in Cincinnati, Ohio, provides
comprehensive pharmaceutical services to patients and providers across North
America.  As the market-leader in professional pharmacy, related consulting
and data management services for skilled nursing, assisted living and other
chronic care institutions, Omnicare leverages its unparalleled clinical
insight into the geriatric market along with some of the industry's most
innovative technological capabilities to the benefit of its long-term care
customers.  Omnicare also provides key commercialization services for the
bio-pharmaceutical industry and end-of-life disease management through its
Specialty Care Group.  For more information, visit www.omnicare.com.

                                    # # #

Contact:
Patrick C. Lee
(513) 719-1507
patrick.lee@omnicare.com

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Omnicare via Thomson Reuters ONE
HUG#1671965
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