National Home Health Care Corp. Acts to Pursue Superior Offer

  
    
  
  
    
      National Home Health Care Corp. (NASDAQ National Market: NHHC), a 
      provider of home health care and staffing services in the Northeast, 
      today reported that the Special Committee of its Board of Directors met 
      on Tuesday, May 2, 2007 and recommended unanimously to the Board of 
      Directors that the previously announced proposal by Premier Home Health 
      Care Services, Inc. for a merger at $12 per share in cash constituted a 
      Superior Proposal within the meaning of the Agreement and Plan of Merger 
      between NHHC and affiliates of Angelo Gordon & Co. NHHC’s 
      Board of Directors unanimously accepted the recommendation of the 
      Special Committee. Under the terms of said Agreement, Angelo Gordon has 
      the right to match the terms of the Superior Proposal within four (4) 
      business days.
    
    
      On May 1, 2007, the Special Committee also recommended unanimously to 
      the Board of Directors that a letter received by NHHC from Castle Crow & 
      Company, stating that Castle Crow had been retained by a private equity 
      investment firm interested in exploring the possibility of a 
      take-private transaction, did not provide NHHC with enough information 
      to enable the Committee to determine that it would reasonably be 
      expected to lead to a Superior Proposal and therefore had to be 
      rejected. NHHC’s Board of Directors 
      unanimously accepted the recommendation of the Special Committee.