NeighborCare Chairman & CEO Will Address CIBC World Markets Fifteenth Annual Healthcare Conference

BALTIMORE, Nov. 4 /PRNewswire-FirstCall/ -- NeighborCare, Inc. today announced that it would speak at the CIBC World Markets Fifteenth Annual Healthcare Conference on November 9, 2004. NeighborCare’s Chairman, President and Chief Executive Officer John J. Arlotta will speak at 2:30 p.m. Eastern Time. A copy of the presentation will be posted in the investor section of the NeighborCare web site at http://www.neighborcare.com/investor/events.aspx where investors can also hear the presentation live via webcast.

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: Tania Almond, Investor Relations, NeighborCare,+1-410-528-7555; or Media: Dan Gagnier or Alex Eule, Citigate Sard Verbinnen,+1-212-687-8080