Atlanta, GA, July 25, 2003
Caymus Partners LLC Advises Tenet Shareholder Committee

Caymus Partners LLC is pleased to announce that it has provided strategic and financial advice to the Tenet Shareholders Committee (the “Committee”), a committee representing the shareholders of Tenet Healthcare Corporation (NYSE: THC) (“Tenet” or the “Company”), an owner/operator of general hospitals and related healthcare facilities. Based on its knowledge of and expertise in the industry, Caymus Partners provided analysis and recommendations related to the Company’s historical and future financial performance, a restructuring of the board and senior management, and the changing landscape of the hospital marketplace. In addition, Caymus Partners interfaced with various government agencies, including the Centers for Medicare & Medicaid (“CMS”), Health & Human Services (“HHS”), the Office of Inspector General (“OIG”) and certain members of Congress, to educate the various constituents on the Company and the state of the general healthcare industry. Caymus Partners was the Committee’s exclusive advisor and continues to provide strategic advisory services on an ongoing basis.

About the Committee

he Committee serves as a catalyst for change at Tenet to improve the quality of health care, reform corporate governance, and thereby improve long-term performance.

About Caymus Partners

With offices in Atlanta and New York, Caymus Partners is a leading middle-market investment banking firm, providing merger and acquisition advisory services, private placements and other financial advisory services. Combined, the firm's senior bankers have more than 65 years of experience and have closed over 250 transactions. More information can be found at www.caymuspartners.com.
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