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Omega Announces Closing Of New $700 Million Unsecured Credit Facility

The 2012 Credit Facilities were made up of a syndication of financial institutions. Merrill Lynch, Pierce, Fenner & Smith Incorporated was Joint Lead Arranger and Sole Book Manager. Bank of America, N.A. was the Administrative Agent. Credit Agricole Corporate and Investment Bank and RBS Citizens, N.A. were Joint Lead Arrangers and Co-Syndication Agents. SunTrust Bank and Royal Bank of Canada were Co-Documentation Agents. UBS Loan Finance LLC was the Managing Agent. UBS AG, Morgan Stanley Bank, N.A., JPMorgan Chase Bank NA, Sumitomo Mitsui Banking Corp., Branch Banking and Trust Company, Stifel Bank & Trust, Mega International Commercial Bank Co., Ltd., The Bank of East Asia, Limited, Bank of Taiwan, Land Bank of Taiwan, Taiwan Cooperative Bank Ltd., Chang Hwa Commercial Bank, Ltd. and Hua Nan Commercial Bank, Ltd. also participated in the 2012 Credit Facilities.

The Company is a real estate investment trust investing in and providing financing to the long-term care industry. At September 30, 2012, the Company owned or held mortgages on 460 skilled nursing facilities, assisted living facilities and other specialty hospitals with approximately 53,269 licensed beds (51,117 available beds) located in 33 states and operated by 47 third-party healthcare operating companies.

This announcement includes forward-looking statements. Actual results may differ materially from those reflected in such forward-looking statements as a result of a variety of factors, including, among other things: (i) uncertainties relating to the business operations of the operators of the Company’s properties, including those relating to reimbursement by third-party payors, regulatory matters and occupancy levels; (ii) regulatory and other changes in the healthcare sector; (iii) changes in the financial position of the Company’s operators; (iv) the ability of any of the Company’s operators in bankruptcy to reject unexpired lease obligations, modify the terms of the Company’s mortgages and impede the ability of the Company to collect unpaid rent or interest during the pendency of a bankruptcy proceeding and retain security deposits for the debtor's obligations; (v) the availability and cost of capital; (vi) changes in the Company’s credit ratings and the ratings of its debt securities; (vii) competition in the financing of healthcare facilities; (viii) the Company’s ability to maintain its status as a real estate investment trust; (ix) the Company’s ability to manage, re-lease or sell any owned and operated facilities; (x) the Company’s ability to sell closed or foreclosed assets on a timely basis and on terms that allow the Company to realize the carrying value of these assets; (xi) the effect of economic and market conditions generally, and particularly in the healthcare industry; and (xii) other factors identified in the Company’s filings with the Securities and Exchange Commission. Statements regarding future events and developments and the Company’s future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements. The Company undertakes no obligation to update any forward-looking statements contained in this announcement.



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