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Universal Health Realty Income Trust

Universal Health Realty Income Trust is listed on NYSE (UHT). We are a real estate investment trust which commenced operations in 1986. We invest in healthcare and human service related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute facilities, surgery centers, childcare centers and medical office buildings (MOBs). As of December 31, 2004 we have forty-three real estate investments or commitments located in fifteen states consisting of: (i) seven hospital facilities including four acute care, one behavioral healthcare, one rehabilitation and one sub-acute; (ii) thirty-two medical office buildings, and; (iii) four preschool and childcare centers. We have our principal executive offices at 367 South Gulph Road, King of Prussia, PA 19406. Our telephone number is (610) 265-0688. Universal Health Realty Income Trust has an Internet website at http:-www.uhrit.com.

Universal Health Services Inc.

Universal Health Services Inc. is listed on NYSE (UHS). Our principal business is owning and operating, through our subsidiaries, acute care hospitals, behavioral health centers and ambulatory surgery and radiation oncology centers. As of March 1, 2005, we operated 44 acute care hospitals and 49 behavioral health centers located in 23 states, Washington, DC, Puerto Rico and France. As part of our ambulatory treatment centers division, we manage and own outright or in partnership with physicians, 12 surgery and radiation oncology centers located in 7 states and Puerto Rico. Subsequent to December 31, 2004, we executed a definitive agreement to sell two acute care hospitals located in Puerto Rico. The sales, which are subject to customary regulatory approvals, are expected to be completed by March 31, 2005.

Winnebago Industries Inc. ..t City, Iowa, is a leading United States manufacturer of motor homes, self-contained recreation vehicles used primarily in leisure travel and outdoor ..

WOLSELEY PLC ..velopment of the Company The Company and its subsidiaries form an international group of companies, engaged primarily in the wholesale distribution an..

Watts Water Technologies Inc. ..s which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These ..

EZCORP Inc. ..rincipal executive offices located at 1901 Capital Parkway, Austin, Texas 78746. Its telephone number is (512) 314-3400. Interested parties may access..

ZipRealty Inc. ..erage firm, using the Internet, proprietary technology and efficient business processes to provide home buyers and sellers with high-quality service a..

American Bio Medica Corp. ..r the laws of the State of New York under the name American Micro Media, Inc. On September 9, 1992, we filed an amendment to our Articles of Incorpora..

Ace Limited ..pany of the ACE Group of Companies incorporated with limited liability under the Cayman Islands Companies Law. We created our business office in Bermu..

Action Products International Inc. ..used, educational toy company. We design, manufacture and market a diversified portfolio of educational, positive and non-violent brands of toy produc..

Adeza Biomedical Corporation ... All statements contained in this Form 10-K other than statements of historical fact are forward-looking statements. The words may, continue, estimat..

AtheroGenics Inc. ..mpany incorporated in the State of Georgia in 1993. We are focused on the discovery, development and commercialization of novel drugs for the treatmen..

Arts-Way Manufacturing Co. Inc. ..as a farm equipment manufacturer in 1956. Our manufacturing plant is located in Armstrong, Iowa. On July 28, 2003, we purchased the assets of Obeco, I..

Alteon Inc. ..ngaged in the discovery and development of small molecule drugs to reverse or slow down diseases of aging and complications of diabetes. We have ident..

AMTEK Inc. .. Its predecessor was originally incorporated in Delaware in 1930 under the name American Machine and Metals, Inc. The Company maintains its principal ..

Allied Motion Technologies Inc. ..s organized under the laws of Colorado in 1962. The Company is engaged in the business of designing, manufacturing and selling motor and servo motion ..

Antares Pharma Inc. .. delivery-pharmaceutical company utilizing its experience and expertise in drug delivery systems to enhance the performance of established and develop..

Alto Palermo S.A. .. S.A. (APSA). We were organized and incorporated on August 29,1889 under Argentine law as a stock corporation (Sociedad Annima or S.A.). Our bylaws we..

Array BioPharma Inc. ..y focused on the discovery, development and commercialization of targeted small molecule drugs to treat debilitating and life-threatening diseases. Ou..

ATC HEALTHCARE INC ..on which was incorporated in New York in 1978 and reincorporated in Delaware in May 1983. Unless the context otherwise requires, all references to the..

Allergan Inc. ..th care company that develops and commercializes specialty pharmaceutical products for the ophthalmic, neurological, dermatological and other specialt..

Atlantic American Corporation ..on incorporated in 1968 (the Parent or Company), is a holding company that operates through its subsidiaries in well-defined specialty markets of the ..

Annaly Mortgage Management Inc. ..d finances a portfolio of investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs), agency c..

Banco Bradesco Sa .. as of December 2004, we are the largest private-sector (non-government-controlled) bank in Brazil in terms of total net worth. We provide a wide rang..

Bel Fuse Inc. ..ronic products that help make global connectivity a reality. The Company designs, manufactures and markets a broad array of magnetics, modules, circui..

Sothebys Holdings Inc. ..aries, unless the context otherwise requires) is one of the worlds two largest auctioneers of fine art, decorative arts and collectibles. The Company ..

Barnes & Noble Inc. ..s largest bookseller1, as of January 29, 2005 operates 820 bookstores. Of the 820 bookstores, 666 operate primarily under the Barnes & Noble Bookselle..

Blue Coat Systems Inc ..contains forward-looking statements that involve risks and uncertainties. The statements contained in this Report that are not purely historical are f..

Bodisen Biotech Inc. ..der the laws of the State of Delaware. Bodisens sole operating subsidiary, Yang Ling Bodisen Biology Science and Technology Development Company Limite..

Biosite Inc. ..m 10-K contain forward-looking statements that involve risks and uncertainties, including: the impact of competition, including products competitive w..

BluePhoenix Solutions Ltd. ..ame A. Crystal Solutions Ltd. In 1996, we changed our name to Crystal Systems Solutions Ltd. In 2003, following the acquisition of Liraz Systems Ltd.,..

Cascade Microtech Inc. ..incorporated herein by reference contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All st..

Citizens Communications Company ..es (Citizens) will be referred to as the Company, we, us or our throughout this report. We are a communications company providing services to rural ar..

Columbia Laboratories Inc. ..Inc. (hereinafter we, our, us, Columbia and the Company) in 1986 as a Delaware corporation, we have focused on developing drugs that improve treatment..

Coffee Holding Co. Inc. ..esale coffee roaster and dealer in the United States. Our core products can be divided into three categories: o Wholesale Green Coffee: unroasted raw ..

C.H. Robinson Worldwide Inc. ..company, we, us, or our) is one of the largest third party logistics companies in North America with 2004 gross revenues of $4.3 billion. We provide f..

Champion Industries Inc. ..mmercial printer, business forms manufacturer and office products and office furniture supplier in regional markets east of the Mississippi River. The..

CheckFree Corporation ..mpany in this Annual Report on Form 10-K mean CheckFree Corporation and all entities owned or controlled by CheckFree Corporation, except where it is ..

Celestica Inc. ..name Celestica International Holdings Inc. on September 27, 1996. Since that date, we have amended our articles of incorporation on various occasions,..

Capstone Turbine Corporation ..urbine technology solutions for use in stationary distributed power generation applications, such as cogeneration (combined heat and power (CHP) and c..

Coach Inc. ..modern American classic accessories. Coach believes that it is one of the most recognized fine accessories brands in the U.S. and in targeted internat..

Cameco Corporation ..world's largest uranium producer. The Company's competitive position is based upon its large, high-grade reserves and low-cost operations, significant..

Crown Media Holdings Inc. ..as the Hallmark Channel, dedicated to high-quality, entertainment programming for adults and families. On February 23, 2005, we announced entering int..

CT Communications Inc. .. discuss future expectations, contain projections of results of operations or financial condition or state other forward-looking information. These fo..

CITIGROUP CAP VIII ..ubsidiaries) is a diversified global financial services holding company whose businesses provide a broad range of financial services to consumer and c..

Danielson Holding Corporation ..ding company incorporated in Delaware on April 16, 1992. Prior to entering the energy business through its acquisition of Covanta Energy Corporation (..

Caliper Life Sciences Inc ..e technologies of liquid handling, automation, and LabChip microfluidics to create enabling solutions for the life sciences industry. Caliper is a lea..

Delcath Systems Inc. ..e are a development stage company, and we have developed the Delcath system to isolate the liver from the general circulatory system and to administer..

Diamond Hill Investment Group Inc. ..ted as a Florida corporation in April 1990 and reincorporated as an Ohio corporation in May 2002. The Company has one operating subsidiary company. Di..

Dendrite International Inc. ..987 with a mission to improve sales and marketing productivity for pharmaceutical and other life sciences companies. Through organic growth and strate..

Digital Realty Trust Inc. ..any refer to Digital Realty Trust, Inc., a Maryland corporation, together with our consolidated subsidiaries, including Digital Realty Trust, L.P., a ..

DSP Group Inc. .. in the short-range residential wireless communications market. By combining our proprietary technologies and advanced design methodologies, we offer ..

Dycom Industries Inc. .. services. These services are provided throughout the United States and include engineering, construction, maintenance and installation services to te..

Edwards Lifesciences Corporation ..thin the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company intends the forward-..

Echelon Corporation ..re products and services that allow everyday devices - such as appliances, thermostats, air conditioners, electricity meters, and lighting systems - t..

ENERSIS S A ..anized as Compañía Chilena Metropolitana de Distribución Eléctrica S.A., as recorded in a public deed on June 19, 1981. The existence of our company w..

eOn Communications Corporation ..elops and markets unified voice, email and Web-based communications systems and software for customer contact centers and general business application..

Equity One Inc. ..at principally acquires, renovates, develops and manages community and neighborhood shopping centers located predominately in high growth markets in t..

Energy West Inc. ..tility, with certain non-utility operations conducted through its subsidiaries. The Company was originally incorporated in Montana in 1909. The Compan..

FirstBank NW Corp. ..organized in Delaware in March 1997 to become the holding company for FirstBank Northwest (formerly known as First Federal Bank of Idaho, a Federal Sa..

FRESENIUS MED CARE AG&CO KGA ..ration (Aktiengesellschaft) organized under the laws of Germany. It was incorporated on August 5, 1996. Fresenius Medical Care AG is registered with t..

FedEx Corporation ..io of transportation, e-commerce and business services with companies that operate independently and compete collectively under the respected FedEx br..

Leesport Financial Corporation .. headquartered at 1240 Broadcasting Road, Wyomissing, Pennsylvania 19610. The Company was organized as a bank holding company on January 1, 1986. The ..

Flotek Industries Inc. ..porated under the laws of the Province of British Columbia on May 17, 1985. On October 23, 2001, we approved a change in our corporate domicile to the..

Glen Burnie Bancorp ..anized in 1990 under the laws of the State of Maryland. It presently owns all the outstanding shares of capital stock of The Bank of Glen Burnie, a co..

Granite Construction Incorporated .. Construction Company. In 1990, Granite Construction Incorporated was incorporated in Delaware as the holding company for Granite Construction Company..

Harolds Stores Inc. ..ries, through a chain of ladies and mens specialty apparel stores in 19 states, offers high-quality, classically inspired apparel to the upscale, qual..

International Assets Holding Corporation ..ubsidiaries form a financial services group focused on select international markets. We commit our capital and expertise to market-making and trading..

I-many Inc. ..oking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, ..

ITC Holdings Corp. ..ber 2002 for the purpose of acquiring Predecessor ITCTransmission. ITC Holdings is a holding company with no business operations and its material asse..

Key Technology Inc. ..r of vegetable processing equipment. The Company has evolved into a worldwide supplier of process automation solutions to the food processing industry..

Lakeland Bancorp Inc. .. is a bank holding company registered with and supervised by the Board of Governors of the Federal Reserve System (the Federal Reserve Board). The Com..

Leucadia National Corporation ..ed in a variety of businesses, including telecommunications, healthcare services, manufacturing, banking and lending, real estate activities, winery o..

MEDICURE INC ..ertificate of Incorporation issued pursuant to the provisions of the Business Corporations Act (Alberta) on June 3, 1997. On February 11, 1999, by Cer..

MIVA Inc. ..providing e-commerce solutions since 1998. We offer proprietary performance-based marketing and commerce enabling services that help businesses of all..

Mitcham Industries Inc. ..s incorporated in 1987. Since our organization, we have primarily been engaged in the leasing and sales of seismic equipment to the seismic industry w..

Nordson Corporation ..producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during ..

North Valley Bancorp ..0-K (excluding statements of fact or historical financial information) involve forward-looking information within the meaning of Section 27A of the Se..

New York Community Bancorp Inc. ..mpany for New York Community Bank and the fourth largest thrift in the nation, with assets of $24.0 billion at December 31, 2004. The Bank is the lead..

Orange 21 Inc. ..ooking statements that involve a number of risks and uncertainties. These forward-looking statements include, but are not limited to, statements and p..