We expect that the combined company will achieve operating synergies of approximately $40 million within a period of two years following consummation of the acquisition, with $25 million expected in the first year after closing. We are particularly excited about the opportunity to add RehabCare's services in our cluster markets and inpatient rehabilitation services to our service offerings. Together, with our growing home care and hospice businesses, the Merger offers our patients, healthcare partners and customers an expanded continuum of services and the opportunity for us to "Continue the Care" for our patients and residents through an entire episode of treatment and recovery." Appointment of New Directors and Officers Kindred is also pleased to announce the appointment of Mr. John Short, Ph.D., and Mr. Christopher Hjelm to the Kindred Board of Directors. Dr. Short served as President and Chief Executive Officer of RehabCare since May 2004 and as a director of RehabCare since 1991. Mr.