COVINGTON, Ky.--(BUSINESS WIRE)--Feb. 16, 2006--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 March 17, 2006, to stockholders of record on March 3, 2006.

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 and other chronic care settings comprising approximately 1,441,000 beds in 47 states, the District of Columbia and Canada. Omnicare is the largest U.S. provider of professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other institutional healthcare providers as well as for hospice patients in homecare and other settings. Omnicare also provides distribution and patient assistance services for specialty pharmaceuticals. It also offers clinical research services for the pharmaceutical and biotechnology industries in 30 countries worldwide.

For more information on Omnicare, visit www.omnicare.com.

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

    SOURCE: Omnicare, Inc.