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BASKING RIDGE, N.J., Jan. 27,1999 -- Hooper Holmes, Inc.
(Amex:HH) announced today that its Board of Directors declared a
quarterly cash dividend of $0.0125 per share payable on Friday,
February 26, 1999, to shareholders of record on Friday, February
12, 1999.
The Company announced on December 23, 1998, that its Board of
Directors declared a two-for-one stock split effective January 8,
1999 for shareholders of record on January 29, 1999. At that time,
the Board also increased the anticipated quarterly cash dividend on
a post split basis from $0.01 per share to $0.0125 per share. After
the split, the total number of fully diluted shares outstanding
will be 29.8 million.
Hooper Holmes, Inc. provides medical and other underwriting
information on insurance policy applicants to the major companies
in the health and life insurance industry. The Company provides
health information services through its 200 locations
nationwide.
"Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995: Statements in this press
release regarding Hooper Holmes Inc.'s business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report or Form 10-K for the most
recently ended fiscal year.
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