X0101 42003-06-25 0001035688 SELECT MEDICAL CORP SEM 0001212986 CARSON RUSSELL L 1010Common Stock2003-06-254X06768236.08A7007379IBy Welsh, Carson, Anderson & Stowe VII, L.P.Common Stock2003-06-254J017283023.81D6834549IBy Welsh, Carson, Anderson & Stowe VII, L.P.Common Stock2003-06-254X0457006.08A2294007IBy WCAS Capital Partners III, L.P.Common Stock2003-06-254J01167023.81D2282337IBy WCAS Capital Partners III, L.P.Warrants to Purchase Common Stock6.082003-06-254X06768230D1998-06-302003-06-30Common Stock6768230IBy Welsh, Carson, Anderson & Stowe VII, L.P.Warrants to Purchase Common Stock6.082003-06-254X0457000D1998-06-302003-06-30Common Stock457000IBy WCAS Capital Partners III, L.P.Payment of exercise price for Warrants by withholding shares of Common Stock incident to the exercise of the Warrants, which were exercised in accordance with their net exercise provisions, based on a value of $23.81 per share of Common Stock.The Reporting Person is one of several general partners of the sole general partner of Welsh, Carson, Anderson & Stowe VII, L.P. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such limited partnership. The Reporting Person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him.The Reporting Person is one of several managing members of the sole general partner of WCAS Capital Partners III, L.P. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such limited partnership. The Reporting Person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him.The Reporting Person also directly owns 396,381 shares of Common Stock and indirectly beneficially owns 427,511 shares held by WCAS Healthcare Partners, L.P. The Reporting Person is a general partner of WCAS Healthcare Partners, L.P. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such limited partnership. The Reporting Person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him.Jonathan M. Rather, Attorney-in-Fact2003-06-26