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The Providence Service Corporation Declares Dividend on Convertible Preferred Stock

TUCSON, Ariz., Dec. 14, 2015 /PRNewswire/ -- The Providence Service Corporation (Nasdaq: PRSC) (the "Company"), today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on January 1, 2016 to holders of record as of 5:00 p.m. New York City time on December 15, 2015. The dividend will be paid at a rate of 5.5% per annum, which is equal to approximately $1.38630 per share of convertible preferred stock.

Providence Service Corporation logo.

About Providence
The Providence Service Corporation provides and manages multiple healthcare and social services, comprised of non-emergency transportation services, workforce development services, legal offender rehabilitation services, and health assessment services in the United States and abroad. For more information, please visit prscholdings.com.

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SOURCE The Providence Service Corporation

AT THE COMPANY: David Shackelton, Chief Financial Officer, 520/747-6600; or AT CAMERON ASSOCIATES: Alison Ziegler, 212/554-5469