Methodist Healthcare - Memphis Hospitals Announces the Extension of Ten...( NEW YORK March 25 /- Methodist He...),Health

NEW YORK, March 25 /PRNewswire/ -- Methodist Healthcare - Memphis Hospitals ("Methodist") announced today that it has extended its tender offer for certain designated maturities of the Bonds from March 24, 2008 until April 9, 2008 at 5:00 pm, New York City time. The designated maturities for which the tender offer extension is applicable are as follows: for the Series 1985C Bonds, the Series 1985C Bonds maturing in 2014; for the Series 1995 Bonds, all maturities; and for the Series 1998 Bonds, the Series 1998 Bonds maturing in 2011, 2012, 2013 and 2018 (the "Designated Maturities").

The table below shows the principal amount of bonds tendered as of the close of business on March 24, 2008:
Principal

CUSIP Principal Amount Amount

Number Outstanding Tendered

821692PG9 $8,005,000 $1,090,000

821692QQ6 $6,445,000 $4,768,000

821692QR4 $7,160,000 $4,715,000

821692PW4 $4,265,000 $3,805,000

821692PX2 $4,325,000 $3,560,000

821692PY0 $4,390,000 $3,570,000

821692PZ7 $43,085,000 $32,000,000

Methodist is a Tennessee non-profit corporation that owns and operates four adult acute-care hospitals in the Memphis, Tennessee area (including Methodist University Hospital, South Hospital, North Hospital, and Germantown Hospital) and one pediatric acute-care hospital (Le Bonheur Children's Medical Center) with a combined licensed bed complement of 1,551 acute care beds and 44 skilled nursing beds. Methodist provides a wide range of inpatient and outpatient services. Methodist is the largest affiliate of Methodi
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