HMA Heartland Media Acquisition Corp

Health Management Associates, Inc. Declares Quarterly Cash Dividend NAPLES, Fla., Oct. 28 /PRNewswire-FirstCall/ -- Health Management Associates, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.02 per share on HMA's common stock, payable on December 1, 2003, to stockholders of record at the close of business on November 7, 2003. HMA is the leading operator of non-urban general acute care hospitals in communities situated throughout the United States. HMA has generated 15 years of uninterrupted operating earnings growth and upon completing the previously announced transaction to acquire the 128-bed Seven Rivers Community Hospital, the 137-bed Harton Regional Medical Center, the 257-bed two-campus University Medical Center, the 423-bed two-campus Three Rivers Healthcare, and the 116- bed Twin Rivers Regional Medical Center, will operate 52 hospitals in 16 states with 7,540 licensed beds. Certain statements contained in this release, including, without limitation, statements containing the words "believes," "anticipates," "intends," "expects," "optimistic," and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include projections of revenues, income or loss, capital expenditures, capital structure, or other financial items, statements regarding the plans and objectives of management for future operations, statements of future economic performance, statements of the assumptions underlying or relating to any of the foregoing statements, and other statements which are other than statements of historical fact. Statements made throughout this release are based on current estimates of future events, and HMA has no obligation to update or correct these estimates. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially as a result of these various factors. http://www.newscom.com/cgi-bin/prnh/20030418/HMALOGODATASOURCE: Health Management Associates, Inc. CONTACT: John C. Merriwether, Vice President of Financial Relations of Health Management Associates, Inc., +1-239-598-3104 Web site: http://www.hma-corp.com/

Copyright