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MEDICAL PROPERTIES REPORTS RESULTS

 MEDICAL PROPERTIES REPORTS RESULTS
 ENCINO, Calif., Nov. 11 /PRNewswire/ -- Medical Properties Inc.


(AMEX: MPP) today reported a net loss of $759,000, or $.32 per share, for the third quarter ended Sept. 30, 1992, compared with net income of $471,000, or $.20 per share, for the comparable prior year period. Revenues were $181,000, primarily from rental income, compared with $1,339,000 for the same quarter a year ago, which also was primarily from rental income.
 For the nine months ended Sept. 30, 1992, the net loss totalled $2,433,000, or $1.03 per share, on total revenue of $371,000 principally from rental income. For the comparable prior year period, net income was $1,295,000, or $.55 per share, on total revenue of $3,994,000 principally from rental income.
 The substantial decrease in net income and revenue for both periods is primarily because of the company not receiving any rental income from its two La Mirada properties.
 As previously announced, unless the company is able to complete certain restructuring objectives, which include the sale or lease of the two La Mirada properties and restructure its debt service, the company will not be able to continue its operations and will not be able to pay its debt. No assurances can be made regarding the successful accomplishment of such objectives.
 Medical Properties is a real estate investment trust engaged in investing in income-producing health care related facilities.
 MEDICAL PROPERTIES INC.
 Statement of Earnings (Losses)
 (Unaudited)
 Three months ended Nine months ended
 Sept. 30, Sept. 30,
 1992 1991 1992 1991
 Revenues:
 Rental income -
 related parties $180,000 $1,313,000 $360,000 $3,943,000
 Interest income 1,000 26,000 11,000 51,000
 Total 181,000 1,339,000 371,000 3,994,000
 Expenses:
 Depreciation and
 amortization 289,000 309,000 882,000 925,000
 Interest 423,000 423,000 1,260,000 1,256,000
 Advisory fees -
 related party 0 0 0 63,000
 Insurance 50,000 44,000 149,000 137,000
 Other 178,000 92,000 513,000 318,000
 Total 940,000 868,000 2,804,000 2,699,000
 Net (loss) income ($759,000) $471,000 ($2,433,000) $1,295,000
 Net (loss) income
 per share ($0.32) $0.20 ($1.03) $0.55
 Weighted average
 shares
 outstanding 2,357,900 2,357,900 2,357,900 2,358,714
 -0- 11/11/92
 /CONTACT: William Hartauer, chairman of the board and president of Medical Properties, 818-902-2270; or Melvyn S. Rifkind, 818-783-8323, for Medical Properties/
 (MPP) CO: Medical Properites Inc. ST: California IN: HEA SU: ERN


JB-LS -- LA008 -- 9699 11/11/92 11:30 EST
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Date:Nov 11, 1992
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