Form: 8-K

Current report filing

January 31, 2003

4Q DIVIDEND PRESS RELEASE

Published on January 31, 2003

Exhibit 99.1


For Further Information Contact
Harry J. Cynkus (404) 888-2922


FOR IMMEDIATE RELEASE



Rollins Announces Three-for-Two Stock Split,
Cash Dividend Increased 50%

ATLANTA, GEORGIA, January 28, 2003: Rollins, Inc., a premier North American
consumer services company (NYSE Ticker Symbol - ROL), announced today that the
Board of Directors has approved a three-for-two stock split of the Company's
common shares.

The split will be effected by issuing one additional share of common stock
for every two shares of common stock held. The additional shares will be
distributed on March 10, 2003, to holders of record at the close of business on
February 10, 2003. Fractional share amounts resulting from the split will be
paid to shareholders in cash.

In addition, the Company declared a regular quarterly dividend of $0.075
per share payable March 10, 2003 to stockholders of record at the close of
business February 10, 2003. The cash dividend will be paid on the pre-split
shares and represents a 50% increase over the prior quarterly dividend.

Rollins, Inc. is one of the nation's largest consumer services companies.
Through its wholly-owned subsidiary, Orkin Exterminating Company, Inc., the
Company provides essential pest control services and protection against termite
damage, rodents and insects to approximately 1.6 million customers in the United
States, Canada and Mexico from over 400 locations. You can learn more about
Orkin by visiting our Web sites at www.orkin.com and www.rollinscorp.com.