Lincare Holdings Inc. Declares Quarterly Cash Dividend

CLEARWATER, Fla., Oct. 3, 2011 (GLOBE NEWSWIRE) -- Lincare Holdings Inc.
(Nasdaq:LNCR) today announced that its Board of Directors has declared a
quarterly cash dividend of $0.20 per common share. The dividend is payable on
October 31, 2011 to stockholders of record as of the close of business on
October 17, 2011.

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 790,000 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, or ability to pay a cash
dividend to be materially different from any results, levels of activity,
performance or achievements, or plans to pay a cash dividend 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.

Future payment of cash dividends or any changes in the dividend amount will
depend on the judgment of our Board of Directors based upon the best interests
of the Company, its shareholders and other factors. Such factors may include the
Company's earnings prospects, capital requirements, financial condition,
financing restrictions, regulatory requirements and other factors deemed
relevant by our Board of Directors. Our Board of Directors will review the
dividend annually or at more frequent intervals as determined by our Board.

CONTACT: Paul G. Gabos
(727) 530-7700