October 23, 2000

LABORATORY CORPORATION OF AMERICA® REPORTS THIRD QUARTER RESULTS

Contact: Pamela Sherry www.labcorp.com LABORATORY CORPORATION OF AMERICA(R) REPORTS THIRD QUARTER RESULTS Revenue Increase of 13.9 Percent Led by Strong Volume Growth and Price Gains Burlington, NC, October 23, 2000 -- Laboratory Corporation of America(R) Holdings (LabCorp(R)) (NYSE: LH) today