KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Feb. 4, 2004--Universal Health Services, Inc. (NYSE:UHS), announced today that it will report results for its fourth quarter and full year ended December 31, 2003 late in the day on February 18, 2004 and will hold a conference call for investors and analysts at 9:00 a.m. Eastern Time on February 19, 2004. The dial in number is 1-877-648-7971.

A digital recording of the conference call will be available two hours after the completion of the conference call on February 19, 2004 and will continue through midnight on February 26, 2004. To access the recording, call 1-800-642- 1687 and enter the conference ID number 5266075.

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.fulldisclosure.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, ambulatory surgery centers 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.
             Steve G. Filton, 610-768-3300

    SOURCE: Universal Health Services, Inc.