KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--June 23, 2003--Universal Health Services, Inc. (NYSE:UHS), announced today that it will report results for its second quarter ended June 30, 2003 late in the day on Monday July 21, 2003 and will hold a conference call for investors and analysts at 9:00 a.m. Eastern Time on Tuesday, July 22, 2003. 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 Tuesday, July 22, 2003 and will continue through midnight on Tuesday, July 29, 2003. To access the recording, call 1-800-642-1687 and enter the conference ID number 1426419.

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, 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.
             Chief Financial Officer
             Steve G. Filton, 610/768-3300

    SOURCE: Universal Health Services, Inc.