Rollins, Inc. Completes Acquisition of HomeTeam Pest Defense from Centex

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Thu Apr 3, 2008 5:30pm EDT

ATLANTA--(Business Wire)--
Rollins, Inc. (NYSE: ROL), a premier North American consumer
services company, announced today that it has completed its
acquisition of subsidiaries of Centex Corporation (NYSE: CTX), through
the purchase of assets, its pest control business, HomeTeam Pest
Defense for a cash payment of approximately $137 million. HomeTeam
Pest Defense recorded revenues of $134 million in 2007 related to its
pest control business.

   Prior to the acquisition, HomeTeam Pest Defense was established in
1996 and was recognized as a premier pest control business and ranked
as the 4th largest company in the industry. Based in Dallas, TX, the
company is the #1 pest management company servicing home builders with
over 1,500 builder partners nationally and over 400,000 customers from
over 50 branches.

   Glen Rollins, Vice President of Rollins, Inc. and President of
Orkin, Inc., who along with HomeTeam's leadership, is currently
visiting with HomeTeam's co-workers commented, "We are impressed by
the broad talent of the HomeTeam associates and look forward to
learning a great deal from them. Working together, HomeTeam will be a
great addition to our already outstanding Rollins team as we will
improve operations and better serve over 2 million customers."

   About Rollins

   Rollins, Inc. is a premier North American consumer and commercial
services company. Through its wholly owned subsidiaries, Orkin, Inc.,
PCO Services, HomeTeam Pest Defense, Western Pest Services, and The
Industrial Fumigant Company, the Company provides essential pest
control services and protection against termite damage, rodents and
insects to approximately 2.1 million customers in the United States,
Canada, Mexico, Central America, the Caribbean, the Middle East and
Asia from over 500 locations. You can learn more about our
subsidiaries by visiting our Web sites at www.orkin.com,
www.pestdefense.com, www.westernpest.com, www.indfumco.com and
www.rollins.com. You can also find this and other news releases at
www.rollins.com by accessing the news releases button.

   CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

   The above release contains statements that constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. The actual results of the
Company could differ materially from those indicated by the
forward-looking statements because of various risks and uncertainties,
including without limitation, general economic conditions; market
risk; changes in industry practices or technologies; the degree of
success of the Company's pest and termite process reforms and pest
control selling and treatment methods; the Company's ability to
identify potential acquisitions; climate and weather trends;
competitive factors and pricing practices; the cost reduction benefits
of the corporate restructuring may not be as great as expected or
eliminated positions may have to be reinstated in the future;
potential increases in labor costs; uncertainties of litigation; and
changes in various government laws and regulations, including
environmental regulations. All of the foregoing risks and
uncertainties are beyond the ability of the Company to control, and in
many cases the Company cannot predict the risks and uncertainties that
could cause its actual results to differ materially from those
indicated by the forward-looking statements.

Rollins, Inc.
Harry J. Cynkus, 404-888-2922

Copyright Business Wire 2008
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