UTAH MEDICAL PRODUCTS, INC.

7043 South 300 West
Midvale, Utah 84047
Telephone: 801-566-1200
FAX: 801-566-7305
Nasdaq Symbol: UTMD
www.utahmed.com

PRESS RELEASE

Utah Medical Products, Inc. Increases Regular Quarterly Dividend

November 1, 2011

(801) 566-1200

Salt Lake City, Utah - Utah Medical Products, Inc. (Nasdaq: UTMD) announces that its Board of Directors approved a quarterly cash dividend of twenty-four cents ($.24) per share of common stock payable on December 29, 2011 to shareholders of record at the close of business on December 14, 2011. This is a two percent (2%) increase over the dividend declared in the most recent prior quarter.

Excluding the special dividend paid at the same time last year, the new quarterly dividend also represents a 6.5% annually compounded increase in UTMD’s cash dividends to shareholders since a regular quarterly cash dividend was instituted seven and a half years ago. Over that span of time, UTMD will have returned $7.18 per share in cash to its shareholders, a total amount of $27 million paid in cash dividends.

Over the same span in time, UTMD has also returned another $29 million to shareholders by repurchasing 26% of its outstanding shares.

Utah Medical Products, Inc., with particular interest in health care for women and their babies, develops, manufactures, assembles and markets a broad range of disposable and reusable specialty medical devices. For more information about Utah Medical Products, Inc., visit UTMD's website at www.utahmed.com.