Community Health tenders for 5 1/8% senior secured notes due 2018

New York, March 2 – Community Health Systems, Inc. announced that its subsidiary CHS/Community Health Systems, Inc. has started a cash tender offer for its $700 million of 5 1/8% senior secured notes due 2018.

The issuer is offering $1,014.25 per $1,000 principal amount for the notes, an amount which includes an early tender premium of $30.00 per $1,000 that will only be paid to those who participate before 5 p.m. ET on March 15.

After the early tender date, the payment will be $984.25 per $1,000 principal amount.

The tender ends at 11:59 p.m. ET on March 29.

Community Health will also pay accrued interest up to but excluding the payment date.

Settlement of early tenders is currently planned for March 16.

Completion is subject to conditions.

Community Health plans to fund the tender using a new debt financing or financings.

Credit Suisse Securities (USA) LLC (800 820-1653 or 212 538-2147), BofA Merrill Lynch and J.P. Morgan Securities LLC are dealer managers.

D.F. King & Co., Inc. (888 886-4425, 212 269-5550 or chs@dfking.com) is information and tender agent.

Community Health is a Franklin, Tenn. Hospital company.

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