Dr Trehan relinquishes post of executive director, EHIRC

New Delhi 18 May 2007 :Escorts Heart Institute and Research Center Limited (EHIRCL) today announced the departure of Dr Naresh Trehan ,who relinquishes the post of Executive Director of the Institute to concentrate on his Medicity Business Venture.

Speaking about the developments, Mr. Shivinder Mohan Singh, Managing Director, Escorts Heart Institute & Research Center Limited and Fortis Healthcare Limited said : Dr Trehan has been associated with Escorts Heart Institute for over 20 years from the inception of the idea to its execution and over the years bringing it to the level of being the Premier Cardiac Hospital in the country. An exceptional Indian Venture,

EHIRCL led by Dr Trehan has , over the past two decades , been instrumental in training and incubating some of the leading Cardiac Surgeons & Cardiologists , and today boasts of an over 250 strong Medical Faculty, which today, is the largest in the country .The Faculty includes leading Cardiac Surgeons like Dr Z S Meherwal , Dr Yugal Mishra , Dr Vijay Kohli , Dr Ramesh Bapna ; Pediatric Surgeons like Dr Krishna Iyer and eminent Cardiologists like Dr TS Kler , Dr Kasliwal , Dr P Aggarwal , Dr Atul Mathur , Dr Anil Saxena , Dr Suman Bhandari, Dr S Radhakrishnan and many more . All of them with their supporting teams provide enormous Clinical Depth to support the Institution in serving around one lakh patients every year from all over India & the World.

Dr Trehan, apart from being an Excellent Surgeon is an Able Administrator with an Exceptional Business Sense . Having built up a Good Clinical Team that took care of patients , his Primary focus for the past few years has been on the Business side of his Role and the development of newer Escorts hospitals at Amritsar , Raipur , Jaipur and the various Heart Command Centers.

Over the past 18 months, Dr Trehan has been increasingly focused on his personally promoted project "�the ambitious and challenging Rs 1000 crore Medicity at Gurgaon . He now leaves EHIRCL to concentrate on this venture. He continues to be a 10% shareholder in EHIRCL .

We wish him well, recognizing his role in nurturing EHIRC to a level where its Clinical Programs continue to function Independently, Carrying on and Building up on the Legacy of the past years.

Fortis Healthcare is committed to taking EHIRCL to the next level and growing both the Escorts & Fortis hospital networks so as to provide superior Patient Care and World Class outcomes to our patients from all over the world.

About the Company

Fortis Healthcare Limited ("FHL"), a Ranbaxy promoter group company, was incorporated in the year 1996. It was founded on the vision of creating an integrated healthcare delivery system. Based in Delhi, FHL, which acquired Escorts Heart Institute and Research Centre Limited in September 2005, has operations in Delhi, Noida, Mohali (Chandigarh), Amritsar, Faridabad, Raipur and Srinagar. It currently has a network of 11 hospitals primarily in North India and 16 satellite and heart command centres, including one heart command centre in Afghanistan.

These hospitals include multi specialty hospitals, as well as super-specialty centres providing tertiary and quaternary healthcare to patients in areas such as cardiac care, orthopedics, neurosciences, oncology, renal care, gastroenterology and mother and child care. The hospitals that FHL manages include Fortis La Femme, a "boutique" style hospital that focuses on women's health and maternity care. FHL has the capacity to increase inpatient beds to approximately 1,790 beds and has performed more than 6,000 open heart surgeries, 5,000 angioplasties and 16,000 angiographies in the last fiscal year.