Accredo Health, Inc. Sets Shareholder Meeting

MEMPHIS, Tenn.--(BUSINESS WIRE)--July 11, 2005--Accredo Health, Incorporated (NASDAQ:ACDO) announced today that it plans to hold a special shareholders meeting on August 17, 2005 at 10:00 am CT at its offices located at 7420 Goodlett Farms Parkway, Suite 110, Cordova, TN 38016. The purpose of the special meeting is for the Accredo shareholders to consider and vote upon Accredo's proposed merger with Medco Health Solutions, Inc. (NYSE: MHS). The Securities and Exchange Commission (SEC) has declared effective the Form S-4 Registration Statement filed by Medco, which includes Accredo's proxy statement. The acquisition of Accredo remains subject to approval by its shareholders and other customary closing conditions. Accredo will mail its proxy materials to shareholders of record as of June 30, 2005. Assuming approval by the Accredo shareholders, Accredo expects the closing of the transaction will occur on the next business day following the special meeting.