IMMEDIATE RELEASE
March 16, 2006

Cintas Corporation Reports Third Quarter Fiscal 2006
Revenue and Earnings
Total Revenue increases 10.7%
Earnings Per Diluted Share increases 12.2%

CINCINNATI, March 16, 2006 — Cintas Corporation (Nasdaq:CTAS) today reported revenue for the third quarter of fiscal 2006 of $836 million, a 10.7 percent increase from the previous year’s third quarter revenue of $755 million. Net income of $77.7 million increased 9.0 percent from $71.3 million last year and earnings per diluted share of $.46 increased 12.2 percent from $.41 per diluted share last year.

Scott D. Farmer, President and Chief Executive Officer, stated, “On behalf of our Cintas employee partners, I am proud to report another quarter of solid results. We achieved double-digit growth in our business and delivered increased profit. For the third quarter, our revenue grew about 8 percent on an organic basis. Our gross margins were strong at 42.2 percent, up from 41.9 percent in the second quarter of fiscal 2006. These results continue to reflect historically high energy costs, which increased approximately 8 percent, or 0.3 percent of revenue, from the second quarter of fiscal 2006. In fact, energy costs have risen 39 percent, or 0.8 percent of revenue, from the third quarter of fiscal 2005.”

For the nine months ended February 28, 2006, revenue of $2.50 billion increased 10.5 percent compared to $2.26 billion over the prior year, while earnings per share rose to $1.39 per diluted share from $1.26 per diluted share, a 10.3 percent increase over the prior year.

Mr. Farmer added, “We recently announced our acquisition of certain assets of Van Dyne Crotty, Inc. This acquisition closed three weeks prior to the end of the quarter and we are very pleased with the results and integration progress to date. The Van Dyne Crotty acquisition demonstrates our commitment to the uniform rental industry, but we also continue to expand into other products and services which capitalize on our service expertise and infrastructure. Recently, we expanded our services even further by offering our new Sanis Ultra-Clean service, a restroom cleaning service. We are excited about the long-term potential of this service, which is yet another example of how we have truly become “Cintas, The Service Professionals”.

Cintas was also recently included in the NASDAQ Dividend Achievers Index, a new index designed for dividend-focused investors to track the performance of U.S. companies which are listed on NASDAQ and meet certain long-term dividend performance criteria. Mr. Farmer commented, “Our inclusion in this Index is a tribute to our track record of increasing our annual dividend every year since we went public in 1983. During that timeframe, we have increased our dividend by 21 percent on a compound annual basis. We are honored to be identified and included in this new Index.”

Strong Balance Sheet

The Company’s balance sheet continues to be strong. Despite the increased debt related to the acquisition of certain Van Dyne Crotty assets, debt to total capitalization is only at 22.6 percent as of February 28, 2006, versus 18.5 percent as of February 28, 2005. Cash and marketable securities was $251 million as of February 28, 2006, compared to $368 million a year ago. Total shareholders’ equity was $2.2 billion as of February 28, 2006.

Outlook

Mr. Farmer commented, “Our financial results continue to be negatively impacted by the hurricanes that hit the Gulf Coast region. We are actively pursuing settlement of our losses with our insurance carrier and to date have not offset these losses in our financial statements. Additionally, the rapid rise in energy costs during this fiscal year continues to impact our results and we anticipate continued cost pressure in this area.”

Mr. Farmer continued, “Taking these factors into account, we are refining our guidance for the remainder of fiscal 2006. For our fiscal year 2006, which ends May 31, 2006, our forecast is for revenue to be in the range of $3.38 to $3.42 billion compared to revenues for fiscal 2005 of $3.07 billion. Our guidance for earnings per diluted share is $1.92 to $1.96 compared to $1.74 for fiscal 2005.”

About Cintas

Headquartered in Cincinnati, Cintas Corporation provides highly specialized services to businesses of all types throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services for approximately 700,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor’s 500 Index. The Company has achieved 36 consecutive years of growth in sales and earnings, to date.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements. Forward-looking statements may be identified by words such as “estimates”, “anticipates”, “projects”, “plans”, “expects”, “intends”, “believes”, “seeks”, “could”, “should”, “may”, and “will” or the negative versions thereof and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ from those set forth in or implied by this news release. Factors that might cause such a difference include, but are not limited to, the possibility of greater than anticipated operating costs including fuel costs, lower sales volumes, the performance and costs of integration of acquisitions, fluctuations in costs of materials and labor including medical costs, costs and possible effects of union organizing activities, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, results and ongoing assessment of internal controls for financial reporting required by the Sarbanes-Oxley Act of 2002, the initiation or outcome of litigation, higher assumed sourcing or distribution costs of products, the disruption of operations from catastrophic events, changes in federal or state tax laws and the reactions of competitors in terms of price and service. Forward-looking statements speak only as of the date made. Cintas undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date on which they are made.

For additional information, contact:

William C. Gale, Senior Vice President-Finance and Chief Financial Officer--513-573-4211

Cintas Corporation
Consolidated Condensed Statements of Income
(Unaudited)
(In thousands except per share data)

	Three Months Ended								Nine Months Ended
	Feb. 28, 2006			Feb. 28, 2005			% Chng.		Feb. 28, 2006			Feb. 28, 2005			% Chng.
Revenue:
Rentals	$	631,322		$	582,619			8.4	$	1,890,920		$	1,748,086			8.2
Other services		205,099			172,622			18.8		604,761			509,951			18.6
Total revenue	$	836,421		$	755,241			10.7	$	2,495,681		$	2,258,037			10.5
Costs and expenses (income):
Cost of rentals	$	350,655		$	320,724			9.3	$	1,039,738		$	961,767			8.1
Cost of other services		132,796			113,063			17.5		397,024			340,023			16.8
Selling and administrative expenses		223,269			203,912			9.5		666,618			597,152			11.6
Interest income		(1,925	)		(2,149	)		-10.4		(4,959	)		(4,785	)		3.6
Interest expense		7,239			6,499			11.4		22,059			18,550			18.9
Total costs and expenses	$	712,034		$	642,049			10.9	$	2,120,480		$	1,912,707			10.9
Income before income taxes	$	124,387		$	113,192			9.9	$	375,201		$	345,330			8.7
Income taxes		46,642			41,860			11.4		139,950			127,772			9.5
Net income	$	77,745		$	71,332			9.0	$	235,251		$	217,558			8.1
Per share data:
Basic earnings per share	$	0.47		$	0.42			11.9	$	1.40		$	1.27			10.2
Diluted earnings per share	$	0.46		$	0.41			12.2	$	1.39		$	1.26			10.3
Basic shares outstanding		168,038			171,802					168,321			171,629
Diluted shares outstanding		168,599			172,790					168,915			172,700

CINTAS CORPORATION SUPPLEMENTAL DATA

	Three Months Ended						Nine Months Ended
	Feb. 28, 2006		Feb. 28, 2005		% Chng.		Feb. 28, 2006		Feb. 28, 2005		% Chng.
Rentals gross margin		44.5%		45.0%				45.0%		45.0%
Other services gross margin		35.3%		34.5%				34.4%		33.3%
Total gross margin		42.2%		42.6%				42.4%		42.3%
Net margin		9.3%		9.4%				9.4%		9.6%
Depreciation and amortization	$	40,484	$	37,121		9.1	$	118,144	$	110,185		7.2
Capital expenditures	$	31,899	$	27,093		17.7	$	102,080	$	100,956		1.1
Debt to total capitalization		22.6%		18.5%				22.6%		18.5%

Cintas Corporation
Consolidated Condensed Balance Sheets
(Unaudited)
(In thousands except share data)

	Feb. 28, 2006			May 31, 2005
ASSETS
Current assets:
Cash and cash equivalents	$	48,043		$	43,196
Marketable securities		202,758			266,232
Accounts receivable, net		358,033			326,896
Inventories, net		207,921			216,412
Uniforms and other rental items in service		322,044			305,450
Prepaid expenses		9,161			8,358
Total current assets		1,147,960			1,166,544
Property and equipment, at cost, net		848,899			817,198
Goodwill		1,123,795			889,538
Service contracts, net		180,104			146,596
Other assets, net		61,606			39,868
	$	3,362,364		$	3,059,744
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	62,031		$	69,296
Accrued compensation & related liabilities		40,332			38,710
Accrued liabilities		216,371			166,428
Income taxes:
Current		37,105			32,864
Deferred		49,175			41,883
Long-term debt due within one year		4,284			7,300
Total current liabilities		409,298			356,481
Long-term debt due after one year		634,193			465,291
Deferred income taxes		134,342			133,837
Shareholders’ equity:
Preferred stock, no par value: 100,000 shares
authorized, none outstanding		--			--
Common stock, no par value: 425,000,000 shares
authorized
FY 2006: 172,477,911 shares issued and 168,116,977
shares outstanding
FY 2005: 172,127,502 shares issued and 170,658,601
shares outstanding		121,052			114,171
Retained earnings		2,212,419			2,035,992
Treasury stock
FY 2006: 4,360,934 shares; FY 2005: 1,468,901 shares		(172,374	)		(58,204	)
Other accumulated comprehensive income (loss):
Foreign currency translation		28,593			13,507
Unrealized loss on derivatives		(5,159	)		(1,331	)
Total shareholders' equity		2,184,531			2,104,135
	$	3,362,364		$	3,059,744

Cintas Corporation
Consolidated Condensed Statements of Cash Flows
(Unaudited)
(In thousands)

	Nine Months Ended
	Feb. 2006			Feb. 2005
Cash flows from operating activities:
Net income	$	235,251		$	217,558
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		94,014			89,459
Amortization of deferred charges		24,130			20,726
Deferred income taxes		7,797			6,856
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable		(14,187	)		(12,119	)
Inventories		11,984			(27,143	)
Uniforms and other rental items in service		(11,240	)		(252	)
Prepaid expenses		(790	)		(1,319	)
Accounts payable		(9,210	)		3,476
Accrued compensation and related liabilities		1,622			(185	)
Accrued liabilities		(32,293	)		(24,816	)
Income taxes payable		4,241			15,984
Net cash provided by operating activities		311,319			288,225
Cash flows from investing activities:
Capital expenditures		(102,080	)		(100,956	)
Proceeds from sale or redemption of marketable securities		74,820			35,099
Purchase of marketable securities		(11,346	)		(164,065	)
Acquisitions of businesses, net of cash acquired		(327,983	)		(82,186	)
Other		(13,830	)		(1,877	)
Net cash used in investing activities		(380,419	)		(313,985	)
Cash flows from financing activities:
Proceeds from issuance of debt		173,000			0
Repayment of debt		(7,068	)		(7,264	)
Stock options exercised		6,175			3,844
Repurchase of common stock		(114,170	)		0
Other		16,010			13,683
Net cash provided by financing activities		73,947			10,263
Net increase (decrease) in cash and cash equivalents		4,847			(15,497	)
Cash and cash equivalents at beginning of period		43,196			87,357
Cash and cash equivalents at end of period	$	48,043		$	71,860