SIE Sierra Health Svcs

Sierra Health Services Inc. (NYSE: SIE) today announced that members of its senior management are currently scheduled to appear at two banking conferences on Tuesday, June 14, 2005. Sierra is scheduled to appear at the Goldman Sachs Healthcare Conference in Dana Point, Calif. The company's presentation is scheduled to begin at approximately 9:15 a.m. Pacific time. Sierra is also scheduled to appear at the Morgan Stanley 2005 Small Cap Executive Conference in New York. This presentation is scheduled to begin at approximately 1:15 p.m. Eastern time. Investors, analysts and the general public are invited to listen to either of the live presentations free over the Internet by clicking on the Investor Relations link at www.sierrahealth.com. Anyone listening to Sierra management presentations will be presumed to have read Sierra's Annual Report on Form 10-K for the year ended Dec. 31, 2004 and Quarterly Report on Form 10-Q for the period ended March 31, 2005. Listeners should review cautionary statements under "Management's Discussion and Analysis of Financial Condition and Results of Operations." Sierra Health Services Inc., based in Las Vegas, is a diversified health care services company that operates health maintenance organizations, indemnity insurers, preferred provider organizations and multispecialty medical groups. Sierra's subsidiaries serve more than 570,000 people through health benefit plans for employers, government programs and individuals. For more information, visit the company's Web site at www.sierrahealth.com.