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Providence Service Corporation to Present at the CIT 4th Annual Healthcare Conference on April 21
Date:4/20/2009

Updates Preliminary First Quarter 2009 Guidance, Now Estimated to be at least $0.35 per Diluted Share

TUCSON, Ariz., April 20 /PRNewswire-FirstCall/ -- The Providence Service Corporation (Nasdaq: PRSC) today announced that Fletcher McCusker, Chairman and Chief Executive Officer, is scheduled to present an overview of the Company's operations at the CIT 4th Annual Healthcare Conference on Tuesday, April 21, 2009 at The Waldorf-Astoria Hotel in New York, NY.

The Company currently expects to report first quarter earnings per diluted share of at least $0.35 on revenue of between approximately $180 million and $185 million. On March 27, 2009, the Company had estimated diluted earnings per share of at least $0.25 and revenue of between approximately $170 million and $180 million for the first quarter of 2009. As previously stated, guidance for the first quarter of 2009 includes approximately $1.5 million in costs and expenses related to the amended credit agreement, including arrangement, legal, accounting and other expenses, as well as approximately $300,000 in legal and other fees related to the now abandoned consent solicitation.

Providence's presentation is scheduled for 10:00 a.m. ET. The presentation will be broadcast live and will be available by webcast at http://investor.provcorp.com by going to Event Calendar or at http://www.thomson-webcast.net/us/dispatching/
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SOURCE Providence Service Corporation
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