CINCINNATI, May 24, 2012 - Omnicare, Inc. (NYSE:OCR), announced today that its board of directors approved a quarterly cash dividend of $0.07 per share on its common stock.  The dividend is payable on June 22, 2012 to stockholders of record on June 8, 2012.

About Omnicare

Omnicare, Inc., a Fortune 400 company based in Covington, Kentucky, 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.

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Contact:
Patrick C. Lee
(859) 392-3444
patrick.lee@omnicare.com