EXHIBIT 99.1


                           (HEALTHCARE REALTY TRUST)


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


                        HEALTHCARE REALTY TRUST ANNOUNCES
                        SECOND QUARTER DIVIDEND INCREASE

          COMPANY REPORTS FORTIETH CONSECUTIVE COMMON DIVIDEND INCREASE


         NASHVILLE, Tennessee, July 22, 2003 -- Healthcare Realty Trust
Incorporated (NYSE:HR) today announced its fortieth consecutive common stock
dividend increase for the quarter ended June 30, 2003. This dividend, in the
amount of $0.62 per share, represents an increase of $0.005 per share over the
dividend paid for the quarter ended March 31, 2003. The dividend is payable on
September 4, 2003 to shareholders of record on August 15, 2003. At this rate,
quarterly dividends approximate an annualized dividend payment of $2.48 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. As of March 31, 2003, the Company's portfolio was comprised of
nine major facility types, located in 29 states, and operated pursuant to
contractual arrangements with 60 healthcare providers. The Company had
investments of approximately $1.6 billion in 219 real estate properties or
mortgages, totaling approximately 10.5 million square feet. The Company provided
property management services to almost six 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, 2002.
   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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