CHEMED CORP — Director's Dealing 2005

May 17, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2005-05-16

Reporting Person: HUTTON EDWARD L (Director, chairman of the board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-16	capital stock	A	400	$40.57	Acquired	88612	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
capital stock	22162	Indirect

Footnotes

F1: award of stock

F2: Chemed capital stock split 2 for 1 share on May 11, 2005