Chicago, August 18, 2003 - GE Healthcare Financial Services, one the largest U.S. healthcare real estate lenders, has provided $50 million in two transactions to Medical Office Properties (MOP), a privately held real estate investment trust based in Chevy Chase, Maryland.

Using this financing, MOP acquired four medical office buildings with a total of 385,000 square feet, all on hospital campuses, in Houston, Dallas, Corpus Christi and Tampa.

"GE Healthcare Financial Services is helping clients like MOP pursue the increasing opportunities presented when hospital systems sell their non-core assets such as medical office buildings," said Will Roberson, vice president and medical office building team leader for GE Healthcare Financial Services. "For every transaction, we work closely with clients to tailor solutions to their specific needs."

"By establishing an ongoing relationship with us, GE Healthcare Financial Services is providing us with the maximum flexibility to be opportunistic as properties come on the market," said Ed Nordberg, chief executive officer of Medical Office Properties. "GE Healthcare Financial Services is helping us successfully implement our corporate strategy."

GE Healthcare Financial Services real estate group is the premier provider of capital, financial solutions and related services for the global healthcare real estate market. With over $9 billion in assets, GE Healthcare Financial Services real estate portfolio offers a full range of financing capabilities. With a sharp focus and a deep knowledge of the healthcare industry, GE Healthcare Financial Services real estate group collaborates with customers to create tailored financial solutions that help them improve their productivity and profitability. GE Healthcare Financial Services' website is .

Media Contacts

GE Healthcare Financial Services
Leslie Krohn
312/441-7710
leslie.krohn@ge.com

Deia Campanelli
GE Healthcare Financial Services
312-441-6169