HealthExtras to Report First Quarter Earnings Results on May 6, 2008

HealthExtras, Inc. (NASDAQ:HLEX), will release its first quarter earnings results on Tuesday, May 6, 2008, after the market closes.

The Company will hold a conference call on Wednesday, May 7, 2008, at 10:00 a.m. Eastern time. To participate, call 1-877-718-5108, access code 4290197 ten minutes prior to the scheduled start time and request to be connected to the HealthExtras conference call.

Following brief opening remarks, the conference call will be open for a question-and-answer session. The conference call will be available for telephonic replay from May 7, after 1:00 p.m. Eastern time through May 16, 2008, midnight. To access the replay, dial 1-888-203-1112, replay access code: 4290197.

About HealthExtras (www.healthextras.com):

HealthExtras, Inc. is a full-service pharmacy benefit management company. Its clients include self-insured employers, including state and local governments, third-party administrators, managed care organizations, unions and individuals. The Company's integrated pharmacy benefit management services marketed under the name Catalyst Rx include: claims processing, benefit design consultation, drug utilization review, formulary management, drug data analysis services and mail order services. Additionally, the Company operates a national retail pharmacy network with over 60,000 participating pharmacies.

This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Factors that we have identified that might materially affect our results are discussed in our Annual Report on Form 10-K for the year ended December 31, 2007 under "Item 1.A Risk Factors." Readers are urged to carefully review and consider the various disclosures made in our Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission that attempt to advise interested parties of the risks and uncertainties that may affect our business.

Contacts:

HealthExtras, Inc.
Michael P. Donovan, 301-548-2900
mdonovan@HealthExtras.com

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