HealthSouth Corporation (OTC Pink Sheets: HLSH) today announced that Lee S. Hillman, President of Liberation Investment Advisory Group, has voluntarily resigned, effective immediately, from the HealthSouth Board of Directors, where he served as Chairman of the Audit Committee and as a member of the Finance Committee. The company expects to fill Mr. Hillman's position on the Audit Committee and the Finance Committee at an upcoming, regularly-scheduled meeting of its Special Committee.

"We thank Lee for his courage in joining the Board during a period of crisis as well as for his steadfast service and his many contributions to HealthSouth over the past year and a half," said Robert P. May, Chairman of HealthSouth's Board of Directors. "He is a talented colleague who brought valuable experience and leadership to HealthSouth during a challenging time for the company. Lee's tireless efforts and active participation helped us achieve many of our successes to date. We wish him well in all of his future endeavors and will certainly miss him."

About HealthSouth

HealthSouth is one of the nation's largest providers of outpatient surgery, diagnostic imaging and rehabilitative healthcare services, operating facilities nationwide. HealthSouth can be found on the Web at http://www.healthsouth.com/ .

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SOURCE: HealthSouth Corporation