U.S. Physical Therapy Renews and Extends Term of $125,000,000 Credit Line

HOUSTON–()–U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of
outpatient physical therapy clinics, reported today that the Company has
renewed the Company’s bank credit facility extending the maturity date
from November 2018 to November 2021.

Funds from the credit agreement may be used for working capital,
acquisitions and other corporate purposes. At present there is
$51,000,000 outstanding under the line.

Larry McAfee, Chief Financial Officer, said, “The extended maturity date
of the credit facility provides U.S. Physical Therapy with significant
committed capital for the next several years as we continue to grow U.S.
Physical Therapy’s business both internally and through strategic
acquisitions. The facility continues to have favorable terms and
conditions plus a lower interest rate. We are grateful to Bank of
America for their continued support.”

Forward-Looking Statements

We make statements in this report that are considered to be
forward-looking statements within the meaning given such term under
Section 21E of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”). These statements contain forward-looking information
relating to the financial condition, results of operations, plans,
objectives, future performance and business of our Company. These
statements (often using words such as “believes”, “expects”, “intends”,
“plans”, “appear”, “should” and similar words) involve risks and
uncertainties that could cause actual results to differ materially from
those we project. Included among such statements are those relating to
opening new clinics, availability of personnel and the reimbursement
environment. The forward-looking statements are based on our current

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