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Medical Properties Trust Reports No Financial Impact from Hurricane Ike

Tue. September 16, 2008; Posted: 04:47 PM
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BIRMINGHAM, Ala., Sep 16, 2008 (BUSINESS WIRE) -- MPW | Quote | Chart | News | PowerRating -- Medical Properties Trust, Inc. (NYSE: MPW | Quote | Chart | News | PowerRating) announced today that none of its five properties in southeast Texas suffered significant damage from Hurricane Ike. All hospitals maintained full operations during and after the storm. The Company does not expect any financial impact from the effects of the storm.

About Medical Properties Trust, Inc.

Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. These facilities include inpatient rehabilitation hospitals, long-term acute care hospitals, regional acute care hospitals, ambulatory surgery centers and other single-discipline healthcare facilities, such as heart hospitals and orthopedic hospitals.

The statements in this press release that are forward looking are based on current expectations and actual results or future events may differ materially. Words such as "expects," "believes," "anticipates," "intends," "will," "should" and variations of such words and similar expressions are intended to identify such forward-looking statements, which include statements including, but not limited to, any damage to the Company's properties from Hurricane Ike and the financial effect of any damage. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results of the Company or future events to differ materially from those expressed in or underlying such forward-looking statements, including without limitation: national and economic, business, real estate and other market conditions; the competitive environment in which the Company operates; the execution of the Company's business plan; financing risks; the Company's ability to attain and maintain its status as a REIT for federal income tax purposes; acquisition and development risks; potential environmental and other liabilities; and other factors affecting the real estate industry generally or healthcare real estate in particular. For further discussion of the facts that could affect outcomes, please refer to the "Risk Factors" section of the Company's Form 10-K for the year ended December 31, 2007 and Form 10-Q for the quarterly period ended June 30, 2008. Except as otherwise required by the federal securities laws, the Company undertakes no obligation to update the information in this press release.

SOURCE: Medical Properties Trust, Inc.

Medical Properties Trust, Inc. Charles Lambert, 205-397-8897 Finance Director clambert@medicalpropertiestrust.com

For full details on Medical Properties Trust Inc (MPW) click here. Medical Properties Trust Inc (MPW) has Short Term PowerRatings of 5. Details on Medical Properties Trust Inc (MPW) Short Term PowerRatings is available at This Link.

    


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