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NWH, INC., PARENT COMPANY OF ENS, DECLARES $0.50 PER SHARE CASH DIVIDEND AND A PROGRAM OF QUARTERLY DIVIDENDS OF $0.30 PER SHARE.

Contact:
Carl Nicola
NWH, Inc.
www.nwhinc.com
212-582-1212

New York -- June 10, 2003 -- NWH, Inc. (NASDAQ: NWIR-News) The board of directors of NWH, parent company of Electronic Network Systems, Inc. (ENS), declared today a quarterly dividend of $0.30 per share, plus a special dividend of $0.20 per share. The dividend, aggregating $0.50 per share, will be payable in cash on August 1, 2003 to stockholders of record at the close of business on July 18, 2003. NWH's Board of Directors plans to review additional dividends on a quarterly basis.

Terrence S. Cassidy, CEO of NWH, stated: "Declaring a dividend demonstrates the board's confidence in our strategy of efficiently developing our main operating subsidiary, Electronic Network Systems. We are delighted that we can return profits to our stockholders on a tax-efficient basis while maintaining flexibility for enhancing shareholder value." ENS is a leading provider of physician healthcare transaction processing services that delivers compliance with the full breadth of HIPAA-defined transaction sets.

NWH also announced today that it held its 2003 Annual Meeting of Stockholders. 93.8% of its stockholders were represented at the meeting, and 97.6% of them voted to re-elect Terrence S. Cassidy and Thomas R. DiBenedetto as directors for three-year terms. The stockholders also approved the retention of PricewaterhouseCoopers L.L.P for the next fiscal year.

About NWH, Inc. and ENS

NWIR was organized in 1993 as a holding and strategic resource company concentrating its resources on the acquisition, finance, development, and management of telecom, healthcare services, technology and media businesses. Its principal operating subsidiary, Electronic Network Systems, Inc. (ENS) (www.enshealth.com) provides Internet and e-commerce connectivity between thousands of health care providers such as physicians, hospitals, clinics and practice management software vendors and third party commercial payers.

ENS is currently processing transactions annually from more than 200,000 providers. ENS provides services to healthcare providers and payers that eliminate paper and labor-intensive process in the administration of healthcare delivery. ENS product, Health-e Network®, a full cycle suite of products and services, increases productivity by automating and streamlining workflow between providers and health care payer organizations.

 

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