Medco Health Solutions Announces Date For Second Quarter 2004 Results

FRANKLIN LAKES, N.J., July 1 /PRNewswire-FirstCall/ -- Medco Health Solutions plans to announce its second quarter financial results in a release before the market opens on Tuesday, July 27, 2004.

Following the release, management will hold a conference call to review the financial results, outlook and related matters at 10 a.m. (EDT).

To access the live conference call via telephone: Dial in: (800) 949-5383 from inside the U.S., or (706) 679-3440 from outside the U.S. To access the live web cast: Go to the News & Pressroom page of the Investor Relations section at http://www.medco.com/. For a replay of the call: A replay of the call will be available two hours after the event on July 27, 2004 through August 11, 2004. Dial in: (800) 642-1687 from inside the U.S., or (706) 645-9291 from outside the U.S. Please use passcode 8498525. About Medco

Medco Health Solutions, a leading pharmacy benefit manager with the nation’s largest mail order pharmacy operations, assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide. Its customers include private- and public- sector employers and healthcare organizations. Medco is traded on the New York Stock Exchange under the symbol MHS. On the Net: http://www.medco.com/.

This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward- looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this presentation should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.

Medco Health Solutions, Inc.

CONTACT: Investors: Chela Sgroi, +1-201-269-6430, chela_sgroi@medco.com,or Media: Jennifer Leone, +1-201-269-6402, jennifer_leone@medco.com, both ofMedco Health Solutions

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