NeighborCare Schedules Fiscal First Quarter 2005 Earnings Release & Conference Call Dates

BALTIMORE, Jan. 21 /PRNewswire-FirstCall/ -- NeighborCare, Inc. will release results for its fiscal first quarter ended December 31, 2004 after the close of trading on January 26, 2005. The Company will hold a conference call on January 27, 2005 to discuss the results. The conference call information follows:

Date: Thursday, January 27, 2005 Time: 9:00 a.m. Eastern Time Toll-Free Number: (888) 240-0264 Toll Number: (706) 679-5757 Leader: John Arlotta Conference ID: 3583385

Investors can also access the conference live via webcast through NeighborCare's web site at http://www.neighborcare.com/investor/default.aspx, where a replay of the call will also be posted.

About NeighborCare, Inc.

NeighborCare, Inc. is one of the nation's leading institutional pharmacy providers serving long term care and skilled nursing facilities, specialty hospitals, assisted and independent living communities, and other assorted group settings. NeighborCare also provides infusion therapy services, home medical equipment, respiratory therapy services, community-based retail pharmacies and group purchasing. In total, NeighborCare's operations span the nation, providing pharmaceutical services in 32 states and the District of Columbia.

Visit our website at http://www.neighborcare.com/.

NeighborCare, Inc.

CONTACT: Investor Contact: Tania Almond, Investor Relations,NeighborCare, Inc., +1-410-528-7555; or Media Contact: Denise DesChenes or DanGagnier of Citigate Sard Verbinnen, +1-212-687-8080, for NeighborCare

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