Forward-Looking Statements and Risk Factors

This document may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. When the company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. The company’s expected results may not be achieved, and actual results may differ materially from expectations. This may be a result of various factors, including the satisfaction of closing conditions to the merger between the company and Sunrise Senior Living, including, the approval of the merger by the shareholders of Sunrise Senior Living and the receipt of regulatory approvals and lender or third-party consents; the respective parties’ performance of their obligations under the merger agreement; unanticipated difficulties and/or expenditures relating to the merger; the company’s ability to enter into new joint venture agreements and management contracts; the company’s and Sunrise Senior Living’s ability to acquire interests in properties from joint venture partners; the cooperation of joint venture partners; the status of capital markets, including availability and cost of capital; changes in financing terms; and other factors affecting the execution of the merger, including REIT laws and regulations. Additional factors are discussed in the company’s Annual Report on Form 10-K and in its other reports filed from time to time with the SEC. The company assumes no obligation to update or revise any forward-looking statements or to update the reasons why actual results could differ from those projected in any forward-looking statements.

Copyright Business Wire 2010

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