COVINGTON, Ky.--(BUSINESS WIRE)--May 17, 2005--The board of directors of Omnicare, Inc. (NYSE:OCR), a leading provider of pharmaceutical care for the elderly, declared today a quarterly cash dividend of 2.25 cents per share on its common stock. The dividend is payable June 13, 2005, to stockholders of record on June 3, 2005.

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 comprising approximately 1,090,000 beds in 47 states in the United States and in Canada, making it the largest U.S. provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers. Omnicare also provides clinical research services for the pharmaceutical and biotechnology industries in 30 countries worldwide.

For more information on Omnicare, visit http://www.omnicare.com.

CONTACT: Omnicare, Inc., Covington
Cheryl D. Hodges, 859-392-3331

SOURCE: Omnicare, Inc.