CINCINNATI--(BUSINESS WIRE)--March 14, 2005--Chemed Corporation
("Chemed") (NYSE:CHE) today announced that its Board of Directors
approved a 2-for-1 stock split in the form of a 100% stock dividend to
shareholders of record at the close of business on April 22, 2005.
Chemed shareholders will receive one additional share for each share
held on that date. This stock split will not change the proportionate
interest a shareholder maintains in the company. The additional shares
will be distributed by direct registration on or after May 11, 2005.
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
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.
CONTACT: Chemed Corporation
David P. Williams, 513-762-6901
SOURCE: Chemed Corporation