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HLTH Corporation Update
Date:2/11/2008

terest in Emdeon Business Services to an affiliate of General Atlantic LLC and investment funds managed by Hellman & Friedman LLC. The sale price was $575 million in cash.

HLTH expects to recognize a taxable gain on this transaction and expects to utilize a portion of its federal net operating loss ("NOL") carryforward to offset a portion of the tax liability resulting from this transaction. Under the tax sharing agreement between HLTH and WebMD, WebMD will be reimbursed for any NOL carryforward attributable to WebMD that is utilized by HLTH in this transaction. The amount of the utilization of the WebMD NOL carryforward and related reimbursement is dependent on numerous factors and cannot be determined at this time.

WebMD Fourth Quarter and Full Year 2007 Preliminary Financial Results

WebMD expects that it will report financial results for the fourth quarter and full year 2007 at the high end of the revenue range and at or above the high end of the range for earnings before interest, taxes, depreciation, amortization, and other non-cash items ("Adjusted EBITDA") and net income included in the guidance it provided in November 2007, after adjusting that guidance to reflect the sale of its offline professional medical reference and textbook publication business discussed below. These preliminary expectations for WebMD's results for the fourth quarter and full year 2007 do not reflect amounts for any benefit relating to a reversal of valuation allowance against its deferred tax assets or for any gain from the sale of the discontinued operations discussed below.

WebMD announced that it sold, effective December 31, 2007, its offline professional medical reference and textbook publication business. This business, which will be reflected as a discontinued operation in the Company's financial statements, was anticipated to generate revenue of approximately $1 million and $4.3 million for the fourth quarter and full year 2007, respectively, with n
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SOURCE HLTH Corporation; WebMD
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