UNIVERSAL HLTH SVCS INC

Ticker: UHS CUSIP: 913903100 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 58,431 Value ($000) $6,878 Avg Close $105.74 Range $96.70 - $116.64

Q4 2014

Shares 218,151 Value ($000) $24,271 Avg Close $100.30 Range $91.29 - $107.74

Q3 2014

Shares 74,451 Value ($000) $7,780 Avg Close $101.37 Range $87.04 - $110.39

Q2 2014

Shares 58,600 Value ($000) $5,612 Avg Close $82.36 Range $69.64 - $94.32

Q4 2013

Shares 83,400 Value ($000) $6,777 Avg Close $76.09 Range $71.38 - $79.86

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	58,431	$6,878	$105.74	$96.70 - $116.64
Q4 2014	218,151	$24,271	$100.30	$91.29 - $107.74
Q3 2014	74,451	$7,780	$101.37	$87.04 - $110.39
Q2 2014	58,600	$5,612	$82.36	$69.64 - $94.32
Q4 2013	83,400	$6,777	$76.09	$71.38 - $79.86