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GRACE FILES HART-SCOTT-RODINO FOR HOME INTENSIVE CARE; EXPECTS TO EXTEND TENDER OFFER

 BOCA RATON, Fla., May 11 /PRNewswire/ -- W. R. Grace & Co. (NYSE: GRA) announced that it has filed a Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act in connection with Grace's tender offer, which commenced on April 22, 1993, to purchase the outstanding shares of Home Intensive Care, Inc. (NASDAQ-NMS: HICI) for $6.60 per share in cash.
 Grace noted that the 15-day waiting period under the Hart-Scott- Rodino Act will expire on May 25, 1993, and confirmed its previous statement that it does not intend to seek early termination of the waiting period. As previously disclosed, receipt of a second request under the Hart-Scott-Rodino Act would extend the waiting period for an additional 10 days following the date of substantial compliance with such request. Grace also stated that, subject to the terms of the tender offer and its Merger Agreement with Home Intensive Care, Grace expects to extend the tender offer, which is currently scheduled to expire on May 19, 1993, but that the term of the extension has not been determined at this time.
 Grace is the world's largest specialty chemicals company and holds a leadership position in specialized health care.
 Home Intensive Care is a leading national provider of a full line of sophisticated alternate-site infusion therapy and dialysis health care services. Its operations cover key U.S. metropolitan centers through 35 home infusion regional offices, which include infusion clinics and infusion suites. In addition, it operates 13 dialysis clinics in metropolitan areas.
 -0- 5/11/93
 /CONTACT: Chuck Suits of W. R. Grace, 407-362-2600 or 800-GRACE99/
 (GRA HICI)


CO: W. R. Grace & Co.; Home Intensive Care, Inc. ST: Florida IN: HEA SU: TNM

AW -- FL005 -- 6899 05/11/93 09:19 EDT
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Publication:PR Newswire
Date:May 11, 1993
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