Rollins, Inc. Announces 5 Million Share Repurchase Program

As part of the company's active management of equity capital, the Rollins Board of Directors authorized the purchase of up to 5 million additional shares of the company's common stock.

ATLANTA — Rollins, parent company of Orkin, announced on Tuesday that as part of the company's active management of equity capital, its Board of Directors authorized the purchase of up to 5 million additional shares of the company's common stock. The company plans to repurchase shares at times and prices considered appropriate by the company. The share repurchase program announced today is in addition to the company's existing plan of which 464,091 shares remained available for repurchase as of September 30, 2008.

"Rollins, Inc., through its wholly owned subsidiaries, Orkin, Inc., PCO Services, HomeTeam Pest Defense, Western Pest Services, and The Industrial Fumigant Company has built a leading position in the pest control industry and has excellent growth opportunities and a healthy long-term financial outlook. This authorization enables us to continue the purchase of our shares when appropriate, which is an important benefit resulting from the Company's strong balance sheet and our outstanding cash generation capabilities," said Gary W. Rollins, president and chief executive officer of Rollins, Inc.