Roto-rooter Acquires Dayton Franchise

Chemed Corporation ("Chemed") (CHE: chemed corp new com News, chart, profile, more Last: 36.69-1.38-3.62% 4:04pm 11/20/2008 Delayed quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: CHE 36.69, -1.38, -3.6%) today announced its Roto-Rooter Services Company subsidiary has acquired the Roto-Rooter franchise covering Dayton, Ohio, and the surrounding counties including Ross, Miami, Auglaize, Brown, Champaign, Clinton, Darke, Fayette, Greene, Highland, Montgomery, Preble, Shelby and Putnam counties, as well as the city of Lima, all in the state of Ohio. This territory represents a population of approximately 1.4 million with an annual revenue of approximately $10 million. The sale is effective November 19, 2008, and terms of the transaction were not disclosed.

Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corporation ( www.chemed.com) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS is the nation's largest provider of end-of-life hospice care and Roto-Rooter is the nation's leading provider of plumbing and drain cleaning services.

Statements in this press release or in other Chemed communications may relate to future events or Chemed's future performance. Such statements are forward-looking statements and are based on present information Chemed has related to its existing business circumstances. Investors are cautioned that such forward-looking statements are subject to inherent risk that actual results may differ materially from such forward-looking statements. Further, investors are cautioned that Chemed does not assume any obligation to update forward-looking statements based on unanticipated events or changed expectations.

SOURCE: Chemed Corporation

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