Matria Healthcare Announces Date for Release of 2008 Guidance

Matria Healthcare, Inc. (NASDAQ:MATR) announced today that it expects to release the Company’s guidance for calendar year 2008 on January 17, 2008. The mid-January release date will allow time for further maturation of several regional health plan and long-term care insurance opportunities, as well as additional opportunities to strategically position the Company’s industry leading technology and informatics capabilities.

ABOUT MATRIA HEALTHCARE

Matria Healthcare is a leading provider of integrated comprehensive health enhancement programs to health plans, employers and government agencies. Matria is dedicated to developing better educated, motivated and self-enabled healthcare consumers and supporting clinicians in managing the care of their patients. The Company manages major chronic diseases and episodic conditions including diabetes, congestive heart failure, coronary artery disease, asthma, chronic obstructive pulmonary disease, high-risk obstetrics, cancer, musculoskeletal and chronic pain, depression, obesity, and other conditions. Matria delivers programs that address wellness, healthy living, productivity improvement and navigation of the healthcare system, and provides case management of acute and catastrophic conditions. Headquartered in Marietta, Georgia, Matria operates through nearly 50 offices around the United States. More information about Matria can be found online at www.matria.com.