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Ramsay Health Care, Inc. Releases Statement

    CORAL GABLES, Fla., Aug. 12 /PRNewswire/ -- Ramsay Health Care, Inc.
(Nasdaq: RHCI) today announced that it had accepted a commitment for a
$60 million financing, the proceeds of which will be used for the purpose of
refinancing existing indebtedness and for other general corporate purposes.
The closing of the financing is subject to the execution of definitive
documents and other customary closing conditions.


SOURCE Ramsay Health Care, Inc.




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CONTACT:
Bert Cibran, President & COO, 305-569-4621,
or Carol Lang, EVP & CFO, 305-569-4622, both of Ramsay Health
Care