Conservative management of perforated peptic ulcers involves non-operative treatment and close clinical monitoring. It has historically had high mortality rates of around 11% but more recent studies using gastrograffin contrast studies have found lower releak rates of around 2%. Candidates for conservative management are those with sealed perforations identified on contrast studies. The treatment involves bowel rest, broad-spectrum antibiotics, proton pump inhibitors, and observation for signs of reperforation over 6-12 hours. Conservative management provides an alternative to surgery with lower operative mortality risks for carefully selected patients.