Extendicare REIT Announces Revised Timing of 2011 First Quarter Conference Call

MARKHAM, ONTARIO--(Marketwire - May 13, 2011) - Extendicare Real Estate Investment Trust ("Extendicare REIT" or "Extendicare") (TSX:EXE.UN) today announced that the time of its 2011 first quarter conference call and live audio webcast on Wednesday, June 8, 2011, to discuss financial results for the first quarter ended March 31, 2011 has been changed from 10:00 a.m. (ET) to 1:00 p.m. (ET).

As previously disclosed, following the issuance of the news release on June 7, 2011, Extendicare will post a copy, along with an update of the supplemental information package, on its website www.extendicare.com, under the investors/financial reports section.

The call will be hosted by Tim Lukenda, President and Chief Executive Officer; Doug Harris, Senior Vice President and Chief Financial Officer, and Paul Tuttle, President of Canadian Operations. Following management's presentation, there will be a question and answer session for analysts and institutional investors.

To participate in the June 8, 2011, conference call, please dial 1-866-696-5910 or 416-340-2217 followed by the passcode 8863257#. The conference call will also be accessible via webcast at www.extendicare.com under the investors/presentations & webcasts section. A replay of the call will be available approximately two hours after completion of the live call until midnight on June 24, 2011. To access the rebroadcast, please dial 1-800-408-3053 or 905-694-9451 followed by the passcode 4844520#.

Annual and Special Meeting

Please note that no changes have been made to the previously published timing details for the Annual and Special Meeting (the "Meeting"). Extendicare REIT will be hosting its Meeting on Tuesday, June 7, 2011, at 2:30 p.m. (ET) at The Gallery, TMX Broadcast Centre, 130 King Street West, Toronto, Ontario. The management information and proxy circular and the form of proxy distributed to unitholders in connection with the meeting may be found on SEDAR at www.sedar.com.

For those unable to attend the Meeting in person, it will be accessible via webcast at www.extendicare.com under the investors/annual meetings section. Management's presentation to unitholders will be streamed in real time with accompanying slides. The webcast will also be archived on the site.

About Us

Extendicare REIT is a leading North American provider of post-acute and long-term senior care services. Through our network of owned and operated health care centers, our qualified and experienced workforce of 37,700 individuals dedicated to helping people live better through a commitment to quality service that includes skilled nursing care, rehabilitative therapies and home health care services. Our 259 senior care centers in North America have capacity to care for approximately 28,200 residents. Extendicare REIT is a specified investment flow-through trust (SIFT) that has been subject to the SIFT tax since January 1, 2007.