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Select Medical Corporation Announces Results for First Quarter Ended March 31, 2008
Date:5/15/2008

$72,495

(1) Other primarily includes Select's general and administrative costs.

The following tables reconcile specialty hospital same store information.

Three Months Ended

March 31, 2007 March 31, 2008

Specialty hospitals net operating

revenue $354,228 $378,604

Less: Specialty hospitals in development,

opened or closed after 1/1/07 18,442 8,928

Specialty hospitals same store net

operating revenue $335,786 $369,676

Specialty hospitals Adjusted EBITDA $66,031 $63,243

Less: Specialty hospitals in development,

opened or closed after 1/1/07 911 (6,036)

Specialty hospitals same store

Adjusted EBITDA $65,120 $69,279

All specialty hospitals Adjusted

EBITDA margin 18.6% 16.7%

Specialty hospitals same store

Adjusted EBITDA margin 19.4% 18.7%


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SOURCE Select Medical Corporation
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