Mr. Tim Lukenda reports

EXTENDICARE ANNOUNCES TIMING OF 2014 YEAR-END RESULTS AND CONFERENCE CALL

Extendicare Inc. will release its financial results for the fourth quarter and year ended Dec. 31, 2014, on Feb. 25, 2015, and will host a conference call and live audio webcast on Feb. 26, 2015, at 10 a.m. (ET) to discuss the results. Following the issuance of the news release on Feb. 25, 2015, Extendicare will post a copy, along with an update of the supplemental information package, on its website under the investors/financial reports section.

The conference call on Feb. 26, 2015, will be hosted by Tim Lukenda, president and chief executive officer; Dylan Mann, senior vice-president and chief financial officer; Paul Tuttle, president of Canadian operations; and Elaine Everson, vice-president and controller. Following management's presentation, there will be a question-and-answer session for analysts and institutional investors.

To participate in the conference call on Feb. 26, 2015, please dial 1-877-405-9213 or 416-695-7806 followed by the passcode 7882196 followed by the number sign. The conference call will also be accessible by webcast at the company's website under the investors/presentations and webcasts section. A replay of the call will be available approximately two hours after completion of the live call until midnight on March 13, 2015. To access the rebroadcast, dial 1-800-408-3053 or 905-694-9451 followed by the passcode 6165896 followed by the number sign.