Medical Facilities Corporation to Host 2009 Annual Meeting of Shareholders



    TORONTO, May 8 /CNW/ - Medical Facilities Corporation ("Medical
Facilities" or the "Company") (TSX: DR.UN), invites all interested parties to
attend the Annual Meeting of Shareholders on Friday, May 15, 2009 at 11:00
a.m. In addition to the formal business described in the Management
Information Circular, there will be a management presentation on business
activities and the Company's 2008 financial results.

    
        Date:     Friday, May 15, 2009

        Time:     11:00 am (ET)

        Location: Design Exchange, Patty Watt Room
                  234 Bay Street
                  Toronto, ON
    

    To access the live audio broadcast, please visit
www.medicalfacilitiescorp.ca.

    About Medical Facilities

    Medical Facilities owns controlling interests in four specialty surgical
hospitals, located in South Dakota and Oklahoma, as well as two ambulatory
surgery centers in California. The specialty hospitals perform scheduled
surgical, imaging and diagnostic procedures and derive their revenue from the
fees charged for the use of their facilities. The ambulatory surgery centers
specialize in outpatient surgical procedures, with patient stays of less than
24 hours. Medical Facilities is structured so that a majority of its free cash
flow from operations is distributed to holders of its IPS units, of which a
portion is interest on subordinated debt and a portion is dividend. For more
information, please visit www.medicalfacilitiescorp.ca.

    Caution concerning forward-looking statements
    ---------------------------------------------

    Statements made in this news release, other than those concerning
historical financial information, may be forward-looking and therefore subject
to various risks and uncertainties. Some forward-looking statements may be
identified by words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar variations. Certain
material factors or assumptions are applied in making forward-looking
statements and actual results may differ materially from those expressed or
implied in such statements. Factors that could cause results to vary include
those identified in Medical Facilities' filings with Canadian securities
regulatory authorities such as legislative or regulatory developments,
intensifying competition, technological change and general economic
conditions. All forward-looking statements presented herein should be
considered in conjunction with such filings. Medical Facilities does not
undertake to update any forward-looking statements; such statements speak only
as of the date made.

    %SEDAR: 00020386E




For further information:

For further information: Michael Salter, Chief Financial Officer,
Medical Facilities Corp., (416) 848-7380 or 1-877-402-7162; Bruce Wigle or
Adriana Braczek, Investor Relations, The Equicom Group Inc., (416) 815-0700 or
1-800-385-5451 ext. 228 or 240, bwigle@equicomgroup.com or
abraczek@equicomgroup.com


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