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Hooper Holmes Declares Quarterly Dividend

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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