Almost Family Reports Third Quarter 20...(262149 (3533890) Cash and cash equi...),Health

Cash and cash equivalents at beginning of

period 473,222 4,125,592

Cash and cash equivalents at end of period $735,371 $591,702

Summary of non-cash investing and financing

activities:

Acquisitions funded by notes payable $3,000,000 $-

Acquisitions funded by stock $1,000,000 $-

ALMOST FAMILY, INC. AND SUBSIDIARIES

RESULTS OF OPERATIONS

Three months ended September 30,

2008 2007 Change

% %

Amount Rev Amount Rev Amount %

Net revenues

Visiting Nurse $48,621,039 82.8% $22,879,921 71.6% $25,741,118 112.5%

Personal Care 10,084,632 17.2% 9,091,068 28.4% 993,564 10.9%

58,705,671 100.0% 31,970,989 100.0% 26,734,682 83.6%

Operating income

Visiting Nurse 9,999,970 20.6% 4,345,349 19.0% 5,654,621 130.1%

Personal Care 914,460 9.1% 911,438 10.0% 3,022 0.3%

Operating income

before unallocated

corporate

expenses 10,914,430 18.6% 5,256,786 16.4% 5,657,643 107.6%

Corporate expenses 3,106,103 5.3% 1,886,235 5.9% 1,219,867 64.7%

Operating income 7,808,327 13.3% 3,370,551 10.5% 4,437,776 131.7%

Interest expense,

net (355,077) 0.6% (153,480) 0.5% 201,597 131.4%

Income taxes (2,729,479) 4.6% (1,261,360) 3.9% 1,468,119 116.4%

Net income from

continuing

operations $4,723,772 8.0% $1,955,711 6.1% $2,768,060 141.5%

EBITDA from

continuing

operations $8,512,002 14.5% $3,697
'/>"/>