EXHIBIT 99.1


                        [HEALTHCARE REALTY TRUST LOGO]


                                  NEWS RELEASE


Contact: Scott W. Holmes, Senior Vice President and Chief Financial Officer
         (615) 269-8175


                       HEALTHCARE REALTY TRUST ANNOUNCES
                        FOURTH QUARTER DIVIDEND INCREASE

       COMPANY REPORTS THIRTY-EIGHTH CONSECUTIVE COMMON DIVIDEND INCREASE

         NASHVILLE, Tennessee, January 28, 2003 -- Healthcare Realty Trust
Incorporated (NYSE:HR) today announced its thirty-eighth consecutive common
stock dividend increase for the quarter ended December 31, 2002. This dividend,
in the amount of $0.610 per share, represents an increase of $0.005 per share
over the dividend paid for the quarter ended September 30, 2002. The dividend
is payable on March 6, 2003 to shareholders of record on February 14, 2003. At
this rate, quarterly dividends approximate an annualized dividend payment of
$2.44 per share.

         Healthcare Realty Trust is a real estate investment trust that
integrates owning, managing and developing income-producing real estate
properties associated with the delivery of healthcare services throughout the
United States. The Company's portfolio is comprised of nine major facility
types, located in 29 states nationwide, and operated pursuant to contractual
arrangements with 62 healthcare providers. The Company has investments of
approximately $1.6 billion in 223 real estate properties or mortgages, totaling
approximately 11 million square feet. The Company provides property management
services to more than five million square feet nationwide.


    In addition to the historical information contained within, the matters
    discussed in this press release may contain forward-looking statements
   that involve risks and uncertainties. These risks are discussed in a 10-K
       filed with the SEC by Healthcare Realty Trust for the year ended
     December 31, 2001. Forward-looking statements represent the Company's
 judgment as of the date of this release. The Company disclaims any obligation
                      to update forward-looking material.

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