HealthSouth Declares Dividend on 6.5 Percent Series A Convertible Perpetual Preferred Stock

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HealthSouth Corporation announced today that its board of directors has declared a regular quarterly dividend of $16.25 per share on its 6.5 percent Series A Convertible Perpetual Preferred Stock, payable on October 15, 2008, to holders of record on October 1, 2008.

About HealthSouth

HealthSouth is the nation’s largest provider of inpatient rehabilitation services. Operating in 26 states across the country and in Puerto Rico, HealthSouth serves more than 250,000 patients annually through its network of inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient rehabilitation satellites, and home health agencies. HealthSouth strives to be the healthcare company of choice for its patients, employees, physicians and shareholders and can be found on the Web at www.healthsouth.com .

  Media Contact
  Andy Brimmer, 205-410-2777
  Investor Relations Contact
  Mary Ann Arico, 205-969-6175
  maryann.arico@healthsouth.com

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SOURCE: HealthSouth Corporation

CONTACT: Media: Andy Brimmer, +1-205-410-2777, or Investor Relations:
Mary Ann Arico, +1-205-969-6175, maryann.arico@healthsouth.com, both of
HealthSouth