Mr. Paul Lana reports

NORTHWEST INTERNATIONAL HEALTHCARE PROPERTIES REIT PROVIDES UPDATE OF HALF YEAR RESULTS OF VITAL HEALTHCARE PROPERTY TRUST, ANNOUNCES 100% TAX DEFERRAL ON 2014 DISTRIBUTIONS, AND DATE OF FOURTH QUARTER 2014 RESULTS AND CONFERENCE CALL

Northwest International Healthcare Properties REIT has provided the following update.

Vital Healthcare Property Trust interim results for the six months ended Dec. 31, 2014

The REIT is pleased to announce financial results from National Stock Exchange of Australia-listed Vital Trust for the interim six-month period ended Dec. 31, 2014, released on Feb. 26, 2015. The REIT has an exposure to an approximate 24-per-cent interest in Vital Trust. Vital Trust is also managed by a subsidiary of the REIT. For the six months ended Dec. 31, 2014, Vital achieved gross rental revenue of $30.8-million (N.S.), a growth of 3.0 per cent versus the same period last year, driven by a combination of a part period contribution from the Marian Centre acquisition in Perth, Australia, development (or capital expansion) income and rental growth. Vital's operating profit before interest and tax increased by $1.0-million (N.Z.), or 4.0 per cent, to $26.7-million (N.Z.). Revenue growth was driven by a portfolio occupancy of 99.5 per cent, up 0.1 per cent relative to the same period last year, and an achievement in the average increase in rents of 2.1 per cent for the interim period. Further, Vital Trust continued to deliver on asset management activities, commencing with $40.8-million (Australian) of brownfield developments at five hospitals, which, upon completion, are forecast to yield approximately 9.0 per cent per annum; divesting a non-core asset at Whangaparaoa, Auckland, for $4.2-million (N.Z.); and acquiring a strategic property to be part of the future expansion of the adjacent Epworth Eastern Hospital in Melbourne for $3.5-million (Australian).

Details on Vital Trust's interim half-year results ending Dec. 31, 2014, are available on the SEDAR website under the REIT's profile, as well as on Vital Trust's website.

2014 distributions

For fiscal year 2014, the REIT has determined that 100 per cent of the distributions paid are deemed return of capital and thus tax deferred. The statement of trust income allocations is now available on the REIT's website.

Timing of fourth-quarter 2014 financial results

The REIT will issue its financial results for the three months and year ending Dec. 31, 2014, on Tuesday, March 10, 2014.

A conference call will be held on Wednesday, March 11, 2015, at 3 p.m. ET. Participating on the call will be members of the REIT's senior management team.

Investors are invited to access the call by dialling 647-427-7450 or toll-free 1-888-231-8191, conference ID No. 97592716. A recording of this call will be made available Wednesday, March 11, 2015, beginning at 6 p.m. ET through to Wednesday, March 25, 2015, at 11:59 p.m. ET. To access the recording, please call 1-855-859-2056 or 416-849-0833, and use the reservation No. 97592716.