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MedCath Provides Preliminary Second Quarter Fiscal 2008 Earnings and Updates Fiscal 2008 Outlook
Date:4/21/2008

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leasing unit.

Revised 2008 Outlook

As part of the announcement today, MedCath is providing the following Revised Outlook for its fiscal 2008, which ends September 30, 2008.

Revised 2008 Outlook

($ and shares in millions)

Net Revenue $620.0 to $630.0

Adjusted EBITDA $98.0 to $101.0

Income from continuing

operations $25.8 to $27.4

Maintenance Capital

Expenditures $33.0 to $37.0

Diluted Share Count 19.9 to 20.1

Consistent with the Company's past practice, the Revised 2008 Outlook excludes pre-opening expense and share-based compensation expense. The Company estimates pre-opening expense will total $1.0 million during fiscal 2008.

Conference Call to Discuss Second Quarter Results

MedCath Corporation (Nasdaq: MDTH) will host a conference call Wednesday, May 7, at 9 a.m. Eastern Time to discuss results from its second quarter ended March 31, 2008. The company will issue a press release announcing those results prior to the earnings call.

What: Second Quarter Earnings Conference Call

When: 9:00 a.m. ET, Wednesday, May 7, 2008

How: Dial-in conference call

(877) 697-5351 (domestic callers), (706) 634-0602

(international callers)

Conference ID: 44446703

Live web cast at http://www.medcath.com

Contacts: O. Edwin French, President & CEO

Art Parker, Interim Chief Financial Officer

The conference call will be archived and
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SOURCE MedCath Corporation
Copyright©2008 PR Newswire.
All rights reserved

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