Exhibit

The Company recorded second quarter revenues of $480.5 million, an increase of 10.8% over the prior year’s second quarter revenue of $433.6 million. Rollins’ net income increased 22.1% to $65.5 million or $0.30 per diluted share for the second quarter ended June 30, 2018, compared to $53.7 million or $0.25 per diluted share for the same period in 2017.

Rollins’ revenues rose 9.9% for the first six months of 2018 to $889.2 million compared to $808.8 million for the prior year. Net income for the first six months of 2018 was $114.1 million or $0.52 per diluted share, an increase of 21.4%, or $0.09 per diluted share compared to $94.0 million or $0.43 per diluted share for the same period last year.

Gary W. Rollins, Vice Chairman and Chief Executive Officer of Rollins, Inc. stated, “We are confident that our strategy of investing to improve our market share will prove to be beneficial long-term. The acquisition of Aardwolf Pestkare announced earlier this month will expand our international presence to Singapore. The addition of this terrific company in tandem with our other leading brands strengthens Rollins as the largest worldwide pest control provider.”

Rollins, Inc. is a premier global consumer and commercial services company. Through its wholly owned subsidiaries, Orkin LLC., HomeTeam Pest Defense, Orkin Canada, Western Pest Services, Northwest Exterminating, Critter Control, Inc., The Industrial Fumigant Company, Trutech LLC., Orkin Australia, Waltham Services LLC., OPC Pest Services, PermaTreat, Rollins UK, Aardwolf Pestkare, and Crane Pest Control, the Company provides essential pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia from more than 700 locations. You can learn more about Rollins and its subsidiaries by visiting our web sites at www.orkin.com, www.pestdefense.com, www.orkincanada.ca, www.westernpest.com, www.callnorthwest.com, www.crittercontrol.com, www.indfumco.com, www.trutechinc.com, www.orkinau.com, www.allpest.com.au, www.walthamservices.com, www.opcpest.com, www.permatreat.com, www.cranepestcontrol.com, www.murraypestcontrol.com.au, www.statewidepestcontrol.com.au, www.safeguardpestcontrol.co.uk, www.aardwolfpestkare.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 statements about the Company’s confidence that our strategy of investing in improving our market share will be beneficial long-term. 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, economic and competitive conditions which may adversely affect the Company’s business; the degree of success of the Company’s pest and termite process, 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; the Company’s ability to attract and retain skilled workers, and 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, 2017.



At June 30, (unaudited)	2018		2017
ASSETS
Cash and cash equivalents	$	87,885	$	194,837
Trade accounts receivables, net	115,672		101,229
Financed receivables, net	18,359		16,834
Materials and supplies	16,098		15,507
Other current assets	50,458		33,219
Total Current Assets	288,472		361,626
Equipment and property, net	137,654		131,443
Goodwill	359,107		258,263
Customer contracts, net	182,522		113,826
Tademarks & Tradenames	52,323		32,376
Other intangible assets, net	11,578		10,795
Deferred income taxes, net	7,923		34,203
Financed receivables, long-term, net	26,235		19,467
Prepaid Pension	18,880		—
Other assets	20,488		18,527
Total Assets	$	1,105,182	$	980,526
LIABILITIES
Accounts payable	$	32,073	$	33,777
Accrued insurance, current	28,732		27,118
Accrued compensation and related liabilities	72,558		72,013
Unearned revenue	124,784		112,973
Other current liabilities	61,084		41,216
Total Current Liabilities	319,231		287,097
Accrued insurance, less current portion	35,117		33,144
Accrued pension	39		2,132
Long-term accrued liabilities	54,984		40,691
Total Liabilities	409,371		363,064
STOCKHOLDERS' EQUITY
Common stock	218,217		217,991
Retained earnings and other equity	477,594		399,471
Total stockholders' equity	695,811		617,462
Total Liabilities and Stockholders' Equity	$	1,105,182	$	980,526



	Three Months Ended June 30,					Six Months Ended June 30,
	2018			2017		2018		2017
REVENUES
Customer services	$	480,461		433,555		889,203		808,802
COSTS AND EXPENSES
Cost of services provided	230,772			204,480		436,915		393,643
Depreciation and amortization	16,366			13,547		33,282		27,317
Sales, general and administrative	143,379			129,667		269,866		244,821
Gain on sale of assets, net	(308		)	(88	)	(364	)	(113	)
Interest income (and expense), net	75			(190	)	133		(263	)
	390,284			347,416		739,832		665,405
INCOME BEFORE INCOME TAXES	90,177			86,139		149,371		143,397
PROVISION FOR INCOME TAXES	24,635			32,450		35,304		49,438
NET INCOME	$	65,542		53,689		114,067		93,959

NET INCOME PER SHARE - BASIC AND DILUTED	$	0.30		0.25		0.52		0.43

Weighted average shares outstanding - basic and diluted	218,188			218,002		218,175		217,987


•	Revenue increase of 10.8% for the quarter driven by accelerated residential and commercial pest control growth