HEALTHSOUTH Corporation announced today that Richard M. Scrushy, Chairman of the Board and Chief Executive Officer, intends to make a presentation on behalf of the Company at the upcoming UBS Warburg Global Healthcare Services Conference. The presentation is scheduled for Monday, February 5, 2001 at 11:30 a.m. Eastern Time at The Plaza Hotel in New York. UBS Warburg has advised HEALTHSOUTH that it will make the presentation available for live broadcast through a telephone conference line, and that the conference call will be archived and available for replay for up to four weeks. The conference call information provided by UBS Warburg is as follows:

  Speaker:         Richard M. Scrushy, Chairman of the Board and
                   Chief Executive Officer of HEALTHSOUTH Corporation
  Time and Date:   11:30 a.m., Eastern Time, Monday, February 5, 2001
  Dial-in Number:  (719) 457-2605 or (888) 515-2781
  Replay Number:   (402) 220-0705 or (877) 803-5524

The dial-in service and replay service are provided by UBS Warburg, and HEALTHSOUTH is not responsible for the availability of such services.

HEALTHSOUTH is the nation's largest provider of outpatient surgery and rehabilitative healthcare services, with over 2,000 locations in all 50 states, the United Kingdom, Australia and Puerto Rico. HEALTHSOUTH can be found on the Web at http://www.healthsouth.com/ .

Statements contained in this press release which are not historical facts are forward-looking statements. Without limiting the generality of the preceding statement, all statements in this press release concerning or relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, HEALTHSOUTH, through its senior management, may from time to time make forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of HEALTHSOUTH's senior management based upon current information, involve a number of risks and uncertainties and are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. HEALTHSOUTH's actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors, including those identified in this press release and in the public filings made by HEALTHSOUTH with the Securities and Exchange Commission, including HEALTHSOUTH's Annual Report on Form 10-K for the year ended December 31, 1999 and its Quarterly Reports on Form 10-Q, and forward- looking statements contained in this press release or in other public statements of HEALTHSOUTH or its senior management should be considered in light of those factors. There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.

For more information, contact Richard M. Scrushy, Chairman & CEO, or Tadd McVay, Senior Vice President and Treasurer, at 205-967-7116.

SOURCE: HEALTHSOUTH Corporation