ATLANTA, GEORGIA, October 24, 2007 -- Rollins, Inc. (NYSE:ROL), a premier North American consumer and commercial services company, today reported revenues for the third quarter ended September 30, 2007 grew 4.5% to $238.1 million compared to $227.8 million for the third quarter ended September 30, 2006.

Net income rose 10.1% to a record $18.8 million or $0.28 per diluted share for the third quarter 2007, compared to $17.0 million or $0.25 per diluted share for the same period in 2006.

Commenting on the Company’s results, Gary W. Rollins, President and Chief Executive Officer of Rollins, Inc. said, “We are pleased by the increased rate of organic revenue growth for the quarter. Our sales and service programs are working and have resulted in improvements in both recurring revenues and customer retention. Commercial pest control, which now represents 44% of our business, continued to accelerate during the second quarter and we expect this area to perform well going forward.”

“We continued to expand our footprint globally this quarter having announced two international franchises: one in the Dominican Republic and another in South Korea. We have established four international franchises this year and expect to continue to develop our worldwide presence. Likewise, the Company’s strong free cash flow supports our ability to pursue acquisition opportunities. We remain optimistic about having a successful 2007.”

Rollins, Inc. is a premier North American consumer and commercial services company. Through its wholly owned subsidiaries, Orkin, Inc., PCO Services, Western Pest Services, and The Industrial Fumigant Company, the Company provides essential pest control services and protection against termite damage, rodents and insects to approximately 1.7 million customers in the United States, Canada, Mexico, Panama, Costa Rica, Honduras, the United Arab Emirates, the Dominican Republic and South Korea from over 400 locations. You can learn more about our subsidiaries by visiting our Web sites at www.orkin.com, www.westernpest.com, www.indfumco.com and www.rollins.com. You can also find this and other news releases at www.rollins.com by accessing the news releases button.

This release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the Company’s expectation that its commercial pest control area will perform well going forward, the Company’s expectation to continue to develop its worldwide presence, and the Company’s continuing optimism about having a very successful 2007. The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including without limitation, general economic conditions; market risk; changes in industry practices or technologies; the degree of success of the Company’s pest and termite process reforms and pest control selling and treatment methods; the Company’s ability to identify and integrate potential acquisitions; climate and weather trends; competitive factors and pricing practices; expected benefits of the commercial re-engineering project may not be realized; potential increases in labor costs; uncertainties of litigation; and changes in various government laws and regulations, including environmental regulations. All of the foregoing risks and uncertainties are beyond the ability of the Company to control, and in many cases the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. A more detailed discussion of potential risks facing the Company can be found in the Company’s Report on Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2006.

ROLLINS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in thousands)
	2007		2006
At September 30,	(unaudited)		(unaudited)
ASSETS
Cash and cash equivalents	$	81,821	$	53,787
Trade receivables, short-term		61,430		57,817
Materials and supplies		8,244		8,398
Deferred income taxes		16,969		21,053
Other current assets		8,382		8,974
Total Current Assets		176,846		150,029
Equipment and property, net		77,633		72,090
Goodwill		126,577		125,536
Other Intangible Assets		9,167		9,219
Customer Contracts		65,641		66,801
Deferred income taxes		12,588		16,867
Trade receivables, long-term		8,921		9,111
Other assets		6,039		4,532
Total Assets	$	483,412	$	454,185

LIABILITIES
Capital leases	$	1,240	$	623
Accounts payable		22,589		14,092
Accrued insurance		13,277		16,633
Accrued compensation and related liabilities		42,533		42,813
Other current liabilities		26,627		31,759
Unearned revenue		90,191		88,945
Total Current Liabilities		196,457		194,865

Capital leases, less current portion		881		197
Accrued pension		6,946		15,651
Long-term accrued liabilities		54,466		44,593
Total Liabilities		258,750		255,306

STOCKHOLDERS’ EQUITY
Common stock		67,456		67,783
Retained earnings and other equity		157,206		131,096
Total Stockholders’ Equity		224,662		198,879
Total Liabilities and Stockholders’ Equity	$	483,412	$	454,185

ROLLINS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30,
(in thousands except per share data)
(unaudited)

	Three Months ended						Nine Months ended
	September 30,						September 30,
	2007			2006			2007			2006
REVENUES
Customer services	$	238,116		$	227,816		$	678,966		$	654,225
COSTS AND EXPENSES
Cost of services provided		123,029			119,206			351,466			345,255
Depreciation and amortization		6,885			6,662			20,482			20,400
Sales, general and administrative		78,154			74,472			221,982			211,340
(Gain)/loss on sales of assets		(17	)		(17	)		(113	)		(15	)
Interest income		(466	)		(332	)		(1,540	)		(968	)
		207,585			199,991			592,277			576,012
INCOME BEFORE TAXES		30,531			27,825			86,689			78,213
PROVISION FOR INCOME TAXES		11,766			10,788			33,892			30,943
NET INCOME	$	18,765		$	17,037		$	52,797		$	47,270

NET INCOME PER SHARE - BASIC	$	0.28		$	0.25		$	0.79		$	0.70
NET INCOME PER SHARE - DILUTED	$	0.28		$	0.25		$	0.78		$	0.69

Weighted average shares outstanding - basic		66,608			67,068			66,966			67,184
Weighted average shares outstanding - Diluted		67,318			68,700			67,687			68,926

ROLLINS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30,
(in thousands)
	2007			2006
	(unaudited)			(unaudited)
OPERATING ACTIVITIES
Net Income	$	52,797		$	47,270
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization		20,482			20,400
Provision for deferred income taxes		3,389			5,144
Stock based compensation		2,381			(1,357	)
(Gain)/loss on sales of assets		(113	)		(15	)
Excess tax benefits from share-based payments		(2,924	)		(50	)
Other, net		(113	)		3
(Increase)/decrease in assets
Trade receivables		(8,675	)		(9,747	)
Materials and supplies		276			685
Other current assets		(1,153	)		138
Other non-current assets		(2,593	)		735
Increase/(decrease) in liabilities:
Accounts payable and accrued expenses		850			3,461
Unearned revenue		10,751			8,955
Accrued insurance		488			1,398
Accrual for termite contracts		(600	)		(3,900	)
Accrued pension		—			(5,000	)
Long-term accrued liabilities		3,295			(6,666	)
Net cash provided by operating activities		78,538			61,454
INVESTING ACTIVITIES
Purchase of equipment and property		(13,512	)		(15,657	)
Acquisitions of companies		(5,950	)		(5,050	)
Cash from sales of franchises		—			550
Proceeds from sales of assets		79			20
Net cash used in investing activities		(19,383	)		(20,137	)
FINANCING ACTIVITIES
Dividends paid		(15,274	)		(12,790	)
Common stock purchased		(30,895	)		(19,761	)
Common stock options exercised		1,379			435
Principal payments on capital leases		(1,532	)		(566	)
Excess tax benefits from share-based payments		2,924			50
Other		—			1,430
Net cash used in financing activities		(43,398	)		(31,202	)
Effect of exchange rate changes on cash		2,720			607
Net increase in cash and cash equivalents		18,477			10,722
Cash and cash equivalents at beginning of period		63,344			43,065
Cash and cash equivalents at end of period	$	81,821		$	53,787