The Company will hold a conference call on Tuesday, August 7, 2007, at 10:00 a.m. Eastern time. To participate, call 1-800-458-9009, access code 1421221 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 August 7, after 1:00 p.m. Eastern time through August 17, 2007 midnight. To access the replay, dial 1-888-203-1112, replay access code: 1421221.

About HealthExtras (www.healthextras.com)

HealthExtras, Inc. is a full-service pharmacy management company. Its clients include self-insured employers, including state and local governments, third-party administrators, managed care organizations 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 58,000 participating pharmacies.

This press release may contain forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in HealthExtras' filings with the Securities and Exchange Commission.

SOURCE: HealthExtras, Inc.

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