November 11, 2008

Psychiatric Solutions to Present at the Stephens Inc. Fall Investment Conference

Psychiatric Solutions, Inc. ("PSI") (NASDAQ: PSYS) announced today it will participate in the Stephens Inc. Fall Investment Conference, which takes place November 18 through November 19, 2008 in New York City at The New York Palace Hotel. In connection with the conference, there will be an on-line simulcast of the Company's presentation available at the Company's Web site starting at 9:30 a.m. Eastern Time/8:30 a.m. Central Time on Tuesday, November 18, 2008. Joey Jacobs, PSI's Chairman, President and Chief Executive Officer, and Brent Turner, PSI's Executive Vice President, Finance and Administration, will be speaking at the conference.

The live simulcast of both presentations will be available on the Company's Web site,, by clicking on the "Investors" link. A replay of the presentations will also be available on the Company's Web site for two weeks. Please go to the site at least 15 minutes prior to each presentation to download and install any necessary audio software.

PSI offers an extensive continuum of behavioral health programs to critically ill children, adolescents and adults and is the largest operator of owned or leased freestanding psychiatric inpatient facilities with over 10,000 beds in 31 states, Puerto Rico and the U.S. Virgin Islands. PSI also manages freestanding psychiatric inpatient facilities for government agencies and psychiatric inpatient units within medical/surgical hospitals owned by others.