2013-01-22 14:06:58 -

CINCINNATI, January 22, 2013 - Omnicare, Inc. (NYSE: OCR) announced today that
the adjusted conversion rate for the 3.25% Convertible Senior Debentures due
December 15, 2035 (December 2035 Notes) is 12.7008 shares of common stock per
$1,000 principal amount or approximately $78.74 per share, effective December
24, 2012.

The conversion rate for the December 2035 Notes is adjusted in connection with
the regular quarterly dividend of $0.14 paid on December 28, 2012, to all
stockholders who owned shares of Omnicare on December 24, 2012, the record
date.  The conversion rate for the December 2035 Notes was previously 12.5423
shares of common stock per $1,000 principal amount of the December 2035 Notes.

About Omnicare

Omnicare, Inc., a Fortune 400 company based in Cincinnati, Ohio, provides
comprehensive pharmaceutical services to patients and providers across   North
America.  As the market-leader in professional pharmacy, related consulting and
data management services for skilled nursing, assisted living and other chronic
care institutions, Omnicare leverages its unparalleled clinical insight into the
geriatric market along with some of the industry's most innovative technological
capabilities to the benefit of its long-term care customers.  Omnicare also
provides key commercialization services for the bio-pharmaceutical industry and
end-of-life disease management through its Specialty Care Group.  For more
information, visit www.omnicare.com.


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Contact:
Patrick C. Lee
(513) 719-1507
patrick.lee@omnicare.com




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Source: Omnicare via Thomson Reuters ONE
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