Tenet Completes Sale of 4 Orange County Hospitals to IHHI

Business Wire, March 8, 2005

DALLAS -- Tenet Healthcare Corporation (NYSE:THC) announced today that several of its subsidiaries have completed the previously announced sale of four acute care hospitals in Orange County, Calif., to Costa Mesa-based Integrated Healthcare Holdings, Inc. The four hospitals are 114-bed Chapman Medical Center in Orange; 178-bed Coastal Communities Hospital in Santa Ana; 188-bed Western Medical Center Anaheim, and 280-bed Western Medical Center Santa Ana.

Net after-tax proceeds, including the liquidation of working capital, are expected to be approximately $80 million. The company expects to use the proceeds of the sale for general corporate purposes.

The four hospitals are among 27 hospitals Tenet announced it was divesting on Jan. 28, 2004. With today's announcement, Tenet has completed the divestiture of 22 of the 27 facilities. Discussions and negotiations with potential buyers for the remaining five hospitals slated for divestiture are ongoing.

Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related health care services. Tenet's hospitals aim to provide the best possible care to every patient who comes through their doors, with a clear focus on quality and service. Tenet can be found on the World Wide Web at www.tenethealth.com.

Some of the statements in this release may constitute forward-looking statements. Such statements are based on our current expectations and could be affected by numerous factors and are subject to various risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the fiscal year ended Dec. 31, 2003, our quarterly reports on Form 10-Q and periodic reports on Form 8-K. Do not rely on any forward-looking statement, as we cannot predict or control many of the factors that ultimately may affect our ability to achieve the results estimated. We make no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.