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Chem Rx Corporation Schedules Conference Call to Review Full Year 2007 Financial Results
Date:3/31/2008

f the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are based upon the current beliefs and expectations of Chem Rx's management and are subject to risks and uncertainties that could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: compliance with government regulations; changes in legislation or regulatory environments; requirements or changes adversely affecting the health care industry, including changes in Medicare reimbursement policies; fluctuations in customer demand; management of rapid growth; intensity of competition; timing, approval and market acceptance of new product introductions and institutional pharmacy locations; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in Chem Rx's filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Chem Rx Corporation does not assume any obligation to update the information contained in this press release.

Contacts: The Ruth Group

Steven C. Silva Investor Relations

President and Chief Operating Stephanie Carrington / Jared Hoffman

Officer (646) 536-7017 / 7013

Chem Rx Corporation scarrington@theruthgroup.com

516-889-8770 jhoffman@theruthgroup.com


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