X0201 4 2004-03-11 0 0001012956 ADVANCEPCS ADVP 0001126129 JLL PARTNERS FUND III LP C/O JLL PARTNERS, INC. 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 Class A Common Stock 2004-03-11 4 S 0 1040 70.36 D 12900563 D Class A Common Stock 2004-03-11 4 S 0 1145 69.67 D 12899418 D Class A Common Stock 2004-03-11 4 S 0 1198 70.37 D 12898220 D Class A Common Stock 2004-03-11 4 S 0 1600 70.25 D 12896620 D Class A Common Stock 2004-03-11 4 S 0 1800 69.83 D 12894820 D Class A Common Stock 2004-03-11 4 S 0 2300 69.95 D 12892520 D Class A Common Stock 2004-03-11 4 S 0 2317 70.02 D 12890203 D Class A Common Stock 2004-03-11 4 S 0 2500 70.20 D 12887703 D Class A Common Stock 2004-03-11 4 S 0 3400 69.82 D 12884303 D Class A Common Stock 2004-03-11 4 S 0 7300 69.90 D 12877003 D Class A Common Stock 2004-03-11 4 S 0 8123 69.85 D 12868880 D Class A Common Stock 2004-03-11 4 S 0 10587 70.35 D 12858293 D Class A Common Stock 2004-03-11 4 S 0 11971 71.00 D 12846322 D Class A Common Stock 2004-03-11 4 S 0 12831 70.00 D 12833491 D Class A Common Stock 2004-03-11 4 S 0 13100 70.60 D 12820391 D Class A Common Stock 2004-03-11 4 S 0 13109 70.45 D 12807282 D Class A Common Stock 2004-03-11 4 S 0 18200 69.60 D 12789082 D Class A Common Stock 2004-03-11 4 S 0 20093 69.8 D 12768989 D Class A Common Stock 2004-03-11 4 S 0 16802 69.5 D 12752187 D Class A Common Stock 2004-03-11 4 S 0 35121 70.5 D 12717066 D Class A Common Stock 2004-03-11 4 S 0 38682 69.7 D 12678384 D Class A Common Stock 2004-03-11 4 S 0 16300 69.945 D 12662084 D Class A Common Stock 2004-03-11 4 S 0 95000 69.79 D 12567084 D Class A Common Stock 2004-03-11 4 S 0 286500 69.7 D 12280584 D Class B-1 Common Stock 0 2004-03-11 4 C 0 4000000 0 D Class A Common Stock 4000000 8913334 D On March 11, 2004, JLL Fund III elected to convert 4,000,000 shares of Class B-1 Common Stock of Advance PCS into 4,000,000 shares of Class A Common Stock pursuant to Section 5.3.7 of Advance PCS Second Amended and Restated Certificate of Incorporation. JLL Partners Fund III, L.P. ("JLL Fund III") is making this joint filing on Form 4 on its behalf and on the behalf of the persons listed on Annex A hereto in accordance with instructions 4(b)(v) to this Form 4 and has signed this Form 4 on its behalf. The signatures of each of the entities and individuals on whose behalf JLL Fund III is making this joint filing appear on Annex A attached hereto. Issuer's securities directly beneficially owned by JLL Fund III. JLL Associates III, L.L.C. is the general partner of JLL Fund III and as such may be deemed indirect beneficial owner of securities owned of record by JLL Fund III. JLL Associates III, L.L.C. does not directly own any securities of the Issuer. By virtue of their status as managing memebers of JLL Associates III, L.L.C., Paul S. Levy, Ramsey A. Frank and Jeffrey C. Lightcap may each be deemed indirect beneficial owners of securities owned of record by JLL Fund III. Messrs. Levy, Frank and Lightcap disclaim beneficial ownership of such securities, except to the extent of their respective pecuniary interests herein as calculated pursuant to the rules and regulations promulgated under Section 16 of the Securities Act of 1933, as amended. See Exhibit 99.1 hereto - Annex B 2004-03-15