Medical Properties Trust Announces $107 Million Capital Redeployment Transactions

Vibra Concentration to be Reduced to 15%; $55 Million
Reinvestments Identified With Near-Term Opportunities for Additional
Growth
BIRMINGHAM, Ala.--(Business Wire)--
Medical Properties Trust, Inc. (NYSE: MPW) announced today that it
has entered into a definitive agreement to sell the real estate assets
of three inpatient rehabilitation facilities to Vibra Healthcare, LLC
for a total of $90 million. The properties subject to the agreement
are currently operated by Vibra and are located in Bowling Green,
Kentucky, Marlton, New Jersey, and Fresno, California, respectively.
The sale is expected to close as early as March 31, 2008 but not later
than June 30, 2008, and is subject to customary closing conditions and
lender consents. Contemporaneous with the closing, Vibra expects to
resell the properties to a third-party.

Pursuant to the agreement, Vibra will also pay a one-time $7.0
million early termination fee to Medical Properties Trust (resulting
in incremental funds from operations of approximately $0.13 per share)
and make a $10 million early principal payment on the balance of its
existing MPT loan, reducing the total amount outstanding on the loan
to approximately $19 million. When consummated, MPT expects to realize
a gain on the sale of approximately $9.2 million ($0.17 per share) and
a one time charge of approximately $9.4 million ($0.18 per share) to
write off the unbilled straight-line rent associated with the
properties.

MPT also announced that it has reached a non-binding agreement to
purchase and lease to Vibra, for an aggregate of approximately $55
million, three existing post acute care facilities from two unrelated
third parties. Under a previously announced agreement, Vibra is
obligated to offer MPT these additional properties at prearranged
terms. These new property transactions are not contingent on the sale
to Vibra of the three inpatient rehabilitation facilities described
above. If both the sale and new property transactions are consummated,
the overall percentage of MPT's total investments represented by Vibra
assets would decrease to approximately 20% from approximately 24%.

Edward K. Aldag, Jr., Chairman, President and CEO of Medical
Properties Trust, said, "These transactions achieve several important
initiatives that we have been focused on, including the improvement of
our tenant concentration measures, and the redeployment of the value
that we have created in our existing portfolio for reinvestment in new
assets." Based on the terms of the transaction, the Vibra assets that
MPT purchased in 2004 are being sold at a cap rate substantially lower
than the cap rate at which MPT purchased them. "The purchase further
demonstrates to the investor market the strength of the MPT portfolio.
We believe that the purchase price cap rate being paid is a fair
indicator to the market of the value of a large portion of the
remaining properties in our portfolio," said Aldag.

Aldag further noted, "We acquired the Vibra assets at a time when
their cash flows were barely sufficient to pay our rent; but because
our management team has hospital operations experience that is unique
among healthcare REITs, we were able to identify and underwrite Vibra
as an outstanding operator, and implement with Vibra operating and
financial strategies that have created returns to our shareholders
that are over and above the normal returns most investors expect from
net leased real estate. We are confident that we can continue to
execute this model."

The Company reiterated its previous estimate that it expects to
acquire at least $200 million in hospital real estate assets in 2008
and clarified that management believes that net acquisitions in 2008
(that is, after replacing the Vibra assets being sold) will be at
least $200 million. Aldag noted that the Company is currently in
discussions regarding the acquisition in the near term of non-Vibra
hospital properties in amounts substantially greater than the $62
million in remaining proceeds of the Vibra sale transaction.

About Medical Properties Trust, Inc.

Medical Properties Trust, Inc. is a Birmingham, Alabama based
self-advised real estate investment trust formed to capitalize on the
changing trends in healthcare delivery by acquiring and developing
net-leased healthcare facilities. These facilities include inpatient
rehabilitation hospitals, long-term acute care hospitals, regional
acute care hospitals, ambulatory surgery centers and other
single-discipline healthcare facilities, such as heart hospitals,
orthopedic hospitals and cancer centers.

The statements in this press release that are forward looking are
based on current expectations and actual results or future events may
differ materially. Words such as "expects," "believes," "anticipates,"
"intends," "will," "should" and variations of such words and similar
expressions are intended to identify such forward-looking statements,
which include statements including, but not limited to, completion of
projects under development, acquisition of healthcare real estate,
completion of additional debt arrangements, the capacity of the
Company's tenants to meet the terms of their agreements, the timing of
Vibra's debt repayment, net income per share and FFO per share in 2007
and FFO in 2008. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results of the Company or future events to differ materially
from those express in or underlying such forward-looking statements,
including without limitation: national and economic, business, real
estate and other market conditions; the competitive environment in
which the Company operations; the execution of the Company's business
plan; financing risks; the Company's ability to attain and maintain
its status as a REIT for federal income tax purposes; acquisition and
development risks; potential environmental and other liabilities; and
other factors affecting the real estate industry generally or the
healthcare real estate in particular. For further discussion of the
facts that could affect outcomes, please refer to the "Risk Factors"
section of the Company's Form 10-K for the year ended December 31,
2006. Except as otherwise required by the federal securities laws, the
Company undertakes no obligation to update the information in this
press release.

Medical Properties Trust
Charles Lambert, Finance Director, 205-397-8897
clambert@medicalpropertiestrust.com

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