"We are pleased to welcome Bob to our Board of Directors, and believe that our agreement with the Levin Group is a positive development for our stockholders," stated Susan Givens, the Company's Chief Executive Officer.Mr. Savage stated, "I am excited to join the New Senior Board and look forward to working collaboratively with the Board and management team to drive value for shareholders over the long term." John Levin of the Levin Group added, "We are pleased to have reached this agreement with New Senior. Bob has extensive industry experience on the real estate advisory, operating, and investing side and brings valued expertise to the New Senior Board that should be beneficial for all shareholders." ABOUT NEW SENIOR New Senior is a real estate investment trust focused on investing in senior housing properties across the United States. The Company is the only pure play senior housing REIT and is one of the largest owners of senior housing properties. New Senior owns 154 properties located across 37 states. New Senior is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. More information about New Senior can be found at www.newseniorinv.com. FORWARD-LOOKING STATEMENTS Certain items in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts. They represent management's current expectations regarding future events and are subject to a number of trends and uncertainties, many of which are beyond the Company's control, that could cause actual results to differ materially from those described in the forward-looking statements. Accordingly, you should not place undue reliance on any forward-looking statements contained herein. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's annual and quarterly reports filed with the U.S. Securities and Exchange Commission, which are available on the Company's website ( www.newseniorinv.com). New risks and uncertainties emerge from time to time, and it is not possible for New Senior to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Forward-looking statements contained herein speak only as of the date of this press release, and New Senior expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in New Senior's expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.