PRE PAID LEGAL SVS : Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Pre-Paid Legal Services, Inc., in Connection with the Proposed Acquisition of the Company by MidOcean Partners

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Pre-Paid Legal Services, Inc. (?Pre-Paid Legal? or the ?Company?) (NYSE:PPD) related to the Company's agreement to be acquired by MidOcean Partners, a New York-based private equity firm (?MidOcean?). The proposed going-private transaction is valued at approximately $650 million.

Under the terms of the definitive merger agreement entered into by the parties, MidOcean will acquire all of the outstanding shares of Pre-Paid Legal for $66.50 per share in cash. The transaction is expected to completed on or before July 31, 2011. Pre-Paid Legal's board of directors has unanimously approved the proposed transaction. If the transaction is completed, Pre-Paid Legal will become a privately held company. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Pre-Paid Legal's board of directors.

If you are a shareholder of Pre-Paid Legal Services, Inc., if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at [phone], Toll Free at [phone], or by email to [e-mail], or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[e-mail]
www.howardsmithlaw.com