Mr. Nitin Jain reports

SIENNA ANNOUNCES DECEMBER DIVIDEND

Sienna Senior Living Inc. has declared a dividend of 7.65 cents per common share of the company for the month of December, 2018, representing 91.8 cents per common share on an annualized basis.

The dividend will be payable on Jan. 15, 2019, to shareholders of record as at Dec. 31, 2018.

The company's dividends are designated as eligible dividends for Canadian tax purposes in accordance with Subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.

Sienna has a dividend reinvestment plan which allows eligible shareholders of the company to direct that their cash dividends be reinvested in additional common shares. Common shares issued pursuant to the DRIP are issued from treasury at a 3-per-cent discount from the market price. Participation in the DRIP is optional and shareholders who do not wish to participate in the plan will continue to receive cash dividends. A complete copy of the DRIP is available under the investors section of the company's website.

About Sienna Senior Living Inc.

Sienna Senior Living is a leading senior living provider with 85 senior living residences in key markets in Canada. Sienna Senior Living offers a full range of senior living options, including independent and assisted living, long-term and residential care, and specialized programs and services. Sienna Senior Living also provides expert management services.