January 15, 2002

LabCorp(R)'s Registration Statement for Resale of Zero Coupon Convertible Subordinated Notes and Common Stock Issuable Upon Conversion or Purchase Of The Notes is Declared Effective

BURLINGTON, N.C., Jan. 15 /PRNewswire-FirstCall/ -- Laboratory Corporation of America(R) Holdings (NYSE: LH) (LabCorp(R)) announced that the Securities and Exchange Commission declared effective today its registration statement on Form S-3 for the registration of the resale by the securityholders