DYNACQ International Dynacq Healthcare Inc. - The Surgical Model of the Future

Dynacq Healthcare, Inc. Announces Audited Financial Results for the Fiscal Year Ended August 31, 2005

HOUSTON--(BUSINESS WIRE)--Nov. 16, 2005--Dynacq Healthcare, Inc. (NASDAQ Capital Market:DYII) announced audited financial results for the fiscal year ended August 31, 2005. For the fiscal year ended August 31, 2005, net patient revenue decreased by $7,574,517 or 12% from $62,849,378 in fiscal 2004 to $55,274,861 in fiscal 2005 primarily due to declines in both net patient service revenue and patient procedures at the Pasadena, West Houston and Baton Rouge Facilities. Net loss increased by $3,528,674 from a net loss of $1,608,260 in fiscal 2004 to a net loss of $5,136,934 in fiscal 2005.

Dynacq Healthcare, Inc. ("www.dynacq.com") is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary services through hospital facilities and an outpatient surgical center.

Certain statements included in this press release, which are not historical facts, are forward-looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent our expectations or beliefs, intentions, future events, future performance, business prospects and involve certain risks and uncertainties, including those described in our public filings with the United States Securities and Exchange Commission, also including, but not limited to, changes in interest rates, competitive pressures, changes in customer mix, changes in third party reimbursement rates, financial stability of major customers, changes in government regulations or the interpretation of these regulations, changes in supplier relationships, growth opportunities, cost savings, revenue enhancements, synergies and other benefits anticipated from acquisition transactions, difficulties relative to integrating acquired business, the accounting and tax treatments of acquisitions, and asserted and unasserted claims, which could cause actual results to differ materially from those indicated in the forward-looking statements. The forward-looking statements by their nature involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date herein. The risks and uncertainties that may cause these forward-looking statements to prove to be incorrect include, without limitation, adverse effects of litigation or regulatory actions, inability to negotiate desired terms with proposed joint venture partners, and favorable regulatory determinations for availability of financing options and other transactions.


Dynacq Healthcare, Inc., Houston
Holly Hubenak, 713-378-2000

Source: Dynacq Healthcare, Inc.

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