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Notice of Initial Distribution of Net Settlement Funds
Date:6/2/2008

SAN JOSE, Calif., Jun. 2 /PRNewswire/ -- The following release was issued today by Thomas P. DiNapoli, Comptroller of the State of New York, as Trustee of the New York State Common Retirement Fund, the Lead Plaintiff in the In re McKesson HBOC, Inc. Securities Litigation.

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

In re McKESSON HBOC, INC. (NYSE: MCK) SECURITIES LITIGATION

Master File No. 99-CV-20743 RMW (PVT)

And Related Cases

CLASS ACTION

This Document Relates To: ALL ACTIONS.

TO: (1) ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED PUBLICLY TRADED SECURITIES OF HBO & COMPANY ("HBOC") DURING THE PERIOD FROM JANUARY 20, 1997 THROUGH AND INCLUDING JANUARY 12, 1999, AND ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED CALL OPTIONS OR SOLD PUT OPTIONS OF HBOC DURING THE PERIOD FROM JANUARY 20, 1997 THROUGH AND INCLUDING APRIL 27, 1999;

(2) ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED PUBLICLY TRADED SECURITIES OR CALL OPTIONS, OR WHO SOLD PUT OPTIONS, OF MCKESSON OR OF MCKESSON HBOC, INC. DURING THE PERIOD FROM OCTOBER 18, 1998 THROUGH AND INCLUDING APRIL 27, 1999; AND

(3) ALL PERSONS OR ENTITIES WHO HELD MCKESSON COMMON STOCK ON NOVEMBER 27, 1998 AND STILL HELD THOSE SHARES ON JANUARY 12, 1999; AND WHO WERE INJURED THEREBY.

Pursuant to the Court's Order dated February 14, 2008, an initial distribution of the Net Settlement Funds in In re McKesson HBOC, Inc. Securities Litigation, Case No. 99-CV-20743 RMW (PVT), recently has been made to all Settlement Class Members who submitted a Claim to the Claims Administrator, Analytics Incorporated, and who did not receive from the Claims Admin
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SOURCE BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP; BARRACK, RODOS& BACINE
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