Community Health Systems, Inc. Announces Completion Of Tender Offers For Health Management Associates, Inc.’s 6.125% Senior Notes Due 2016 And 7.375% Senior Notes Due 2020

Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced the completion of the previously announced cash tender offers by its wholly owned subsidiary, Health Management Associates, Inc. (the “Issuer”), for any and all of the Issuer’s $400 million aggregate principal amount of 6.125% Senior Notes due 2016 (CUSIP No. 421933AH5) (the “2016 Notes”) and $875 million aggregate principal amount of 7.375% Senior Notes due 2020 (CUSIP No. 421933AL6) (the “2020 Notes” and, together with the 2016 Notes, the “Notes”) then outstanding. The tender offers expired at 11:59 p.m., New York City time, on February 6, 2014 (the “Expiration Time”).

As previously announced, as of 5:00 p.m., New York City time, on January 23, 2014 (the “Consent Expiration”), $370,288,000 aggregate principal amount, or approximately 92.6%, of the outstanding 2016 Notes and $854,088,000 aggregate principal amount, or approximately 97.6%, of the outstanding 2020 Notes had been validly tendered and not withdrawn and the holders thereof consented to the proposed amendments to the indentures governing the Notes (the “Indentures”) set forth in an Offer to Purchase and Consent Solicitation Statement (the “Offer to Purchase”) that was sent to holders of the Notes. The Issuer accepted for purchase all Notes that had been validly tendered and not withdrawn. Payment for Notes accepted for purchase at the Consent Expiration was made on January 27, 2014, and the proposed amendments referred to above became operative on January 27, 2014.

An additional $20,000 aggregate principal amount of the outstanding 2016 Notes were validly tendered and not withdrawn after the Consent Expiration and prior to the Expiration Time. No additional 2020 Notes were tendered after the Consent Expiration and prior to the Expiration Time. Holders who validly tendered (and did not subsequently withdraw) their 2016 Notes after the Consent Expiration and prior to the Expiration Time are entitled to receive consideration equal to $1,088.13 per $1,000 principal amount of the 2016 Notes. These holders will also receive accrued and unpaid interest on the 2016 Notes up to, but not including, the payment date for such 2016 Notes accepted for purchase, which is expected to be February 7, 2014.

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