Extendicare Inc.

Extendicare Inc.

March 16, 2005 14:32 ET

Extendicare Inc. Declares Preferred Share Dividend Payment-TSX: EXE.PR.E


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: EXTENDICARE INC.

TSX SYMBOL: EXE.MV
TSX SYMBOL: EXE.SV
NYSE SYMBOL: EXE

MARCH 16, 2005 - 14:32 ET

Extendicare Inc. Declares Preferred Share Dividend
Payment-TSX: EXE.PR.E

MARKHAM, ONTARIO--(CCNMatthews - March 16, 2005) - Extendicare Inc.
(TSX:EXE.MV)(TSX:EXE.SV)(NYSE:EXE) announced today that a monthly
dividend of $0.071 per share, on the Company's Class II Preferred
Shares, Series 1 (EXE.PR.E) has been declared payable on April 15, 2005
to shareholders of record on March 31, 2005. The floating rate monthly
dividend on the Class II Preferred Shares, Series 1 is based on the
prime interest rate on February 28, 2005.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Extendicare Inc.
    Christopher Barnes
    Manager, Investor Relations
    (905) 470-5483
    (905) 470-4003 (FAX)
    Visit Extendicare's website @ www.extendicare.com