ST. LOUIS, June 24, 2005—Express Scripts, Inc. (NASD: ESRX) announced that the previously disclosed two-for-one stock split was effected at the close of trading on June 24, 2005. The stock closed at a pre-split price of $101.20 and will commence trading on a post-split basis when the market opens on Monday, June 27, 2005.
The stock split was for stockholders of record as of June 10, 2005. The split comes in the form of a stock dividend by issuing one additional share of stock for each share of stock outstanding.
Express Scripts, Inc. is one of the largest PBM companies in North America providing PBM services to over 50 million members through facilities in thirteen states and Canada. Express Scripts serves thousands of client groups, including managed care organizations, insurance carriers, third-party administrators, government-sponsored benefit plans, employers, and union-sponsored benefit plans.
Express Scripts provides integrated PBM services, including network pharmacy claims processing, mail pharmacy services, benefit design consultation, drug utilization review, formulary management, disease management, and medical and drug data analysis services. The Company also provides distribution services for specialty pharmaceuticals. Express Scripts is headquartered in St. Louis, Missouri. More information can be found at http://www.express-scripts.com, which includes expanded investor information and resources.
SOURCE Express Scripts, Inc.
CONTACT: Ed Stiften, Chief Financial Officer, or David Myers, Vice
President Investor Relations, +1-314-702-7173,
email@example.com , of Express Scripts
Web site: http://www.express-scripts.com