Medco Shareholders Approve Merger With Express Scripts

Shareholders of Medco Health Solutions, Inc.

today approved a proposed merger with Express Scripts

. With approximately 72 percent of the shares entitled to vote present in person or by proxy at a special meeting held today, shareholders adopted the Agreement and Plan of Merger dated July 20, 2011 by a margin of 99 percent to one percent, based on a preliminary tabulation. In a non-binding advisory vote, shareholders also approved certain merger-related compensation arrangements for Medco's executive officers by a margin of 95 percent to five percent, based on a preliminary tabulation. The merger is pending a parallel meeting of Express Scripts shareholders, required governmental consents, and other customary closing conditions. Medco expects the merger transaction to close in the first half of 2012.