Extendicare Inc.
TSX : EXE.MV
TSX : EXE.SV
NYSE : EXE

Extendicare Inc.

July 15, 2005 08:01 ET

Extendicare Inc. Declares Preferred Shares Dividend Payment-TSX: EXE.PR.B, EXE.PR.C, EXE.PR.D and EXE.PR.E

MARKHAM, ONTARIO--(CCNMatthews - July 15, 2005) - Extendicare Inc. (TSX:EXE.MV)(TSX:EXE.SV)(NYSE:EXE) announced today the following details of the dividends on its Class I Preferred Shares, declared on May 5, 2005, and payable on August 15, 2005 to shareholders of record as at July 29, 2005.

The fixed rate quarterly dividend on its Adjustable Dividend Preferred Shares, Series 3 (EXE.PR.C) is $0.2475 per share. The floating rate quarterly dividend on its Cumulative Redeemable Preferred Shares, Series 2 (EXE.PR.B) and on its Adjustable Dividend Preferred Shares, Series 4 (EXE.PR.D), based on the average Canadian prime interest rate for the quarter ended June 30, 2005, amounted to $0.1886 per share for the Series 2 shares and $0.1913 per share for the Series 4 shares.

A monthly dividend of $0.071 per share on the Corporation's Class II Preferred Shares, Series 1 (EXE.PR.E) was declared today, payable on August 15, 2005 to shareholders of record on July 29, 2005. The floating rate monthly dividend on the Class II Preferred Shares, Series 1 is based on the prime interest rate on June 30, 2005.

Contact Information

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