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RENAL CARE GROUP, INC. ANNOUNCES OFFERING OF 2,500,000 COMMON SHARES PRICED AT $32.00

Nashville, Tennessee (November 19, 1996) - Renal Care Group, Inc. (Nasdaq/NM:RCGI) today announced that a registration statement in connection with an offering of 2,500,000 shares of the Company's common stock at $32.00 per share has been declared effective by the Securities and Exchange Commission. The Company is offering approximately 1,064,000 of the shares, and the balance is being offered by certain selling shareholders. The net proceeds to the Company from the offering of approximately $31.8 million will be used for working capital and general corporate purposes, including future acquisitions and development of additional dialysis centers.

The selling stockholders are former owners of companies that founded Renal Care Group and former owners of companies acquired by Renal Care Group who are participating in the offering as part of a registration rights program established as part of their initial transactions with the Company. After the offering, these selling stockholders will continue to own approximately 80% of their shares held in the aggregate at the time of their initial transactions.

Managing underwriters for the offering are Equitable Securities Corporation, Hambrecht & Quist, Morgan Keegan & Company, Inc., and Needham & Company, Inc. The Company and the selling shareholders have granted the underwriters an over-allotment option to purchase up to an additional 375,000 shares of common stock within 30 days of the offering.

Renal Care Group, Inc. is a nephrology services company that was founded in June 1995 to focus on the provision of care to patients with kidney disease, including patients suffering from chronic kidney failure. The Company provides dialysis and ancillary services to approximately 5,000 patients through 86 owned and managed outpatient dialysis centers in 15 states, in addition to acute dialysis services to 44 hospitals.

A written prospectus may be obtained by contacting Equitable Securities Corporation, 800 Nashville City Center, 511 Union Street, Nashville, TN 37219-1743.

THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAW OF ANY SUCH STATE.

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