Lincare Holdings Inc. Extends Terms of Employment Agreements with Executive Officers

Lincare Holdings Inc. Extends Terms of Employment Agreements with Executive
Officers

CLEARWATER, Fla., Oct. 5 /PRNewswire-FirstCall/ -- Lincare Holdings Inc.
(Nasdaq: LNCR) today announced that it has extended the terms of the
employment agreements with its Chief Executive Officer, John P. Byrnes, its
President and Chief Operating Officer, Shawn S. Schabel and its Chief
Financial Officer, Paul G. Gabos. The agreements provide for the continuation
of each executive officer's employment with the company for three additional
years through December 31, 2012. The employment agreements amend the previous
agreements that were set to expire on December 31, 2009.

Lincare, headquartered in Clearwater, Florida, is one of the nation's largest
providers of respiratory therapy and other services to patients in the home.
The Company provides services and equipment to more than 700,000 customers in
48 states.

Statements in this release concerning future results, performance or
expectations are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, as amended. All forward-looking
statements included in this document are based upon information available to
Lincare as of the date hereof and Lincare assumes no obligation to update any
such forward-looking statements. These statements involve known and unknown
risks, uncertainties and other factors that may cause Lincare's actual
results, levels of activity, performance or achievements to be materially
different from any results, levels of activity, performance or achievements
expressed or implied by any forward-looking statements. In some cases,
forward-looking statements that involve risks and uncertainties contain
terminology such as "may," "will," "should," "could," "expects," "intends,"
"plans," "anticipates," "believes," "estimates," "predicts," "potential," or
"continue" or variations of these terms or other comparable terminology.

Key factors that have an impact on Lincare's ability to attain any estimates
contained in this release include potential reductions in reimbursement rates
by government and other third party payors, changes in reimbursement policies,
the demand for Lincare's products and services, the availability of
appropriate acquisition candidates and Lincare's ability to successfully
complete and integrate acquisitions, efficient operation of Lincare's existing
and future operating facilities, regulation and/or regulatory action affecting
Lincare or its business, economic and competitive conditions, access to
borrowed and/or equity capital on favorable terms and other risks described in
the filings of Lincare with the Securities and Exchange Commission.

In developing its forward-looking statements, Lincare has made certain
assumptions relating to reimbursement rates and policies, internal growth and
acquisitions and the outcome of various legal and regulatory proceedings. If
the assumptions used by Lincare differ materially from what actually occurs,
then actual results could vary significantly from the performance projected in
the forward-looking statements. Lincare is under no duty to update any of the
forward-looking statements after the date of this release.

SOURCE Lincare Holdings Inc.

Paul G. Gabos of Lincare Holdings Inc., +1-727-530-7700