CORRECTED: Pediatrix to Webcast Q1 Conference Call on May 6, 2003.

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 30, 2003

Pediatrix Medical Group, Inc., (NYSE: PDX) intends to release its first quarter financial results on Tuesday, May 6, 2003 before the market opens. The company will host a live streaming-audio webcast of its earnings conference call at 11:00 a.m. Eastern Time the same morning. To listen to the webcast, investors can go to www.pediatrix.com, and then click on the "Investors" tab and click on the link to the live web broadcast symbol. A replay of the webcast will be available through the company web site for 90 days.

The call will be available for replay through midnight, May 13 2003. The toll-free replay will be available by dialing [phone] in the US and Canada or [phone] outside North America, and then entering conference password 683546.

In addition, the webcast is being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.companyboardroom.com. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

Pediatrix was founded in 1979. Its neonatal physicians provide services at more than 200 neonatal intensive care units and through Obstetrix its perinatal physicians provide services in many markets where Pediatrix's neonatal physicians practice. Combined, Pediatrix and its affiliated professional corporations employ more than 625 physicians in 30 states and Puerto Rico. Additional information is available on the Internet: www.pediatrix.com.