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King Pharmaceuticals Revises Scheduled Date for Release of Fourth Quarter 2004 Earnings

    BRISTOL, TENNESSEE, March 14 /PRNewswire-FirstCall/ -- King
Pharmaceuticals, Inc. (NYSE: KG) has revised the scheduled release of its
financial results for the fourth quarter and year ended December 31, 2004.
The Company now plans to release its results after the market closes on
March 16, 2005, one day later than previously announced.

    About King Pharmaceuticals
    King, headquartered in Bristol, Tennessee, is a vertically integrated
branded pharmaceutical company. King, an S&P 500 Index company, seeks to
capitalize on opportunities in the pharmaceutical industry through the
development, including through in-licensing arrangements and acquisitions, of
novel branded prescription pharmaceutical products in attractive markets and
the strategic acquisition of branded products that can benefit from focused
promotion and marketing and product life-cycle management.

    About Forward-Looking Statements
    This release contains forward-looking statements which reflect
management's current views of future events and operations, including, but not
limited to, statements pertaining to the anticipated date for release of the
Company's financial results for the fourth quarter and year ended December 31,
2004.  These forward-looking statements involve certain significant risks and
uncertainties, and actual results may differ materially from the forward-
looking statements.  Some important factors which may cause results to differ
include dependence on King's ability to release the Company's financial
results for fourth quarter and year ended December 31, 2004 as currently
planned. Other important factors that may cause actual results to differ
materially from the forward-looking statements are discussed in the "Risk
Factors" section and other sections of King's Form 10-K for the year ended
December 31, 2003 and Form 10-Q for the second quarter ended June 30, 2004
which are on file with the Securities and Exchange Commission.  King does not
undertake to publicly update or revise any of its forward-looking statements
even if experience or future changes show that the indicated results or events
will not be realized.


SOURCE King Pharmaceuticals, Inc.




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    CONTACT:
    James E. Green, Executive Vice President,
    Corporate Affairs, +1-423-989-8125, or David E. Robinson, Senior
    Director, Corporate Affairs, +1-423-989-7045, both of King
    Pharmaceuticals, Inc.