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Hospital Corp (03869) may buy hospital in Zhejiang
 Hospital Corporation of China (03869) said it
entered into a legally binding letter of intent to purchase the entire equity interest in
a holding company of a management company which is the founder of a not-for-profit 
hospital located in Zhejiang province subsequent to certain reorganization.
  The hospital, located in Zhejiang province, is in close proximity to the hospitals that
the Group manages or operates. The proposed acquisition allows the Group and the hospital
to create a synergy effect and benefit from the resultant economies of scale, including
shared medical resources and intra-group cooperation.

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