KING OF PRUSSIA, Pa., Apr 15, 2002 (BUSINESS WIRE) -- Universal Health Services, Inc. (NYSE:UHS), announced today that it will report results for its first quarter ended March 31, 2002 late in the day on Thursday, April 18, 2002 and will hold a conference call for investors and analysts at 9:00 a.m. Eastern Time on Friday, April 19, 2002. The dial in number is 877/648-7971.

A digital recording of the conference call will be available two hours after the completion of the conference call on Friday, April 19, 2002 and will continue through midnight on Friday, April 26, 2002. To access the recording, call 800/642-1687 and enter the conference ID number 3841358.

This call will be available live over the internet at the Company's web site at www.uhsinc.com. It will also be distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

Universal Health Services, Inc. is one of the nation's largest hospital companies, operating acute care and behavioral health hospitals and ambulatory surgery and radiation centers nationwide, in Puerto Rico, and in France. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT).

CONTACT:          Universal Health Services, Inc.
                  Kirk E. Gorman, 610/768-3300
                  www.uhsinc.com

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