ServiceMaster Franchise Announces First Quarter Cash Dividend

The ServiceMaster Franchise Company (NYSE:SVM) announced today the declaration of a first quarter 2005 cash dividend of $.11 per share payable on February 28, 2005 to shareholders of record on February 14, 2005.

The announced dividend reflects a continuation of the $.11 per share paid for each of the last two quarters. The Company approves its actual dividend payment on a quarterly basis and regularly reviews its dividend policy, share repurchase program and other capital structure objectives.

ServiceMaster currently provides outsourcing services for more than 10.5 million residential and commercial customers. As America's Service Brands for Home and Business, the core service capabilities of the Company include lawn care and landscape maintenance, termite and pest control, home warranty, plumbing, heating and air conditioning services (HVAC), cleaning and disaster restoration, furniture repair and home inspection services.

These services are provided through a network of over 5,400 company-owned and franchised service centers and business units operating under leading brands which include Terminix, TruGreen ChemLawn, TruGreen LandCare, ARS Service Express, Rescue Rooter, American Mechanical Services, ServiceMaster Clean, American Home Shield, AmeriSpec, Merry Maids and Furniture Medic.

SOURCE: The ServiceMaster Company

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