Vanguard Health Systems extends consent payment deadline

Vanguard Health Systems, Inc. ("Vanguard") announced today that in connection with the previously announced tender offers and consent solicitations (the "Tender Offers" and "Consent Solicitations") by Vanguard Health Holding Company II, LLC ("VHS Holdco II") and Vanguard Health Holding Company I, LLC ("VHS Holdco I"), the early tender period in respect of each of the Tender Offers will be extended to 5:00 p.m., New York City time, on January 29, 2010 (the "New Consent Payment Deadline"). Holders of the 9% Senior Subordinated Notes due 2014 and the 11.25% Senior Discount Notes due 2015 (the "Notes") who validly tender and do not validly withdraw their Notes on or prior to the New Consent Payment Deadline, will, if their Notes are accepted for purchase, be entitled to receive the applicable total consideration, which includes a consent payment of $30.00 for each $1,000 principal amount of Notes validly tendered on or before the New Consent Payment Deadline and accepted in the applicable Tender Offer. The payment for the total consideration for any holder that tenders prior to the New Consent Payment Deadline is expected to be made on or about February 1, 2010.

Each Tender Offer will expire at 12:00 midnight, New York City time, on February 11, 2010, unless extended or earlier terminated (with respect to each Tender Offer, the "Expiration Date"). Holders of Notes who have not already tendered their Notes may do so at any time on or prior to 12:00 midnight, New York City time, on February 11, 2010, but such holders will only be eligible to receive the applicable tender offer consideration, which is an amount, paid in cash, equal to the applicable total consideration less the applicable consent payment, for their Notes.

The Tender Offers and Consent Solicitations relating to the Notes are being made upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated January 14, 2010 (the "Statement") and the related Consent and Letter of Transmittal (the "Consent and Letter of Transmittal"). Further details about the terms and conditions of the Tender Offers and Consent Solicitations are set forth in the Statement and Consent and Letter of Transmittal.

VHS Holdco II and VHS Holdco I each reserves the right, in its sole discretion, to further modify the terms of its respective Tender Offer, or to waive or modify any one or more of the conditions thereto, in whole or in part, at any time on or before the Expiration Date of such Tender Offer.