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KINDRED HEALTHCARE TO PRESENT AT INVESTOR CONFERENCES

Louisville, KY (March 24, 2005) – Kindred Healthcare, Inc. (the “Company”) (NYSE: KND) today announced that Paul J. Diaz, President and Chief Executive Officer, will make a presentation regarding the Company at the Lehman Brothers Eighth Annual Global Healthcare Conference in Miami, Florida, on Wednesday, March 30, 2005, at 9:30 a.m. Eastern Time, and Richard A. Lechleiter, Executive Vice President and Chief Financial Officer, will make a presentation regarding the Company at the Smith Barney Citigroup 2005 Healthcare Conference in Washington, D.C., on Wednesday, March 30, 2005, at 3:05 p.m. Eastern Time.

The Lehman Brothers presentation is being audio webcast and can be accessed at the Company’s website at www.kindredhealthcare.com and at http://customer.talkpoint.com/LEHM002/033005a_cs/default.asp?entity=Kindred.

The Smith Barney presentation is being audio webcast and can be accessed at the Company’s website at www.kindredhealthcare.com and at http://www.veracast.com/webcasts/sbcitigroup/hc05/49212315.cfm.

Any written materials accompanying the presentations also will be available on Kindred’s website at the time of the presentations. The webcasts and any written materials accompanying the presentations will be archived at www.kindredhealthcare.com after the events.

Kindred Healthcare, Inc. through its subsidiaries operates hospitals, nursing centers, institutional pharmacies and a contract rehabilitation services business across the United States.

CONTACT:
Susan E. Moss
Vice President of Corporate Communications
(502) 596-7296

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