Chartwell Announces New Name and Brand Logo

Fri Jan 11, 2013 4:21pm EST

* Reuters is not responsible for the content in this press release.

MISSISSAUGA, ONTARIO, Jan 11 (MARKET WIRE) --
Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN)
("Chartwell") announced today it has changed its name to "Chartwell
Retirement Residences" effective immediately. Chartwell will continue to
trade on the TSX as 'CSH.UN'. The change is timed to coincide with the
rebranding of the 42 retirement residences Chartwell acquired with Health
Care REIT (HCN) in May, 2012.

    "We believe that our new visual identity better reflects our brand
promise and our evolution as a customer focused service provider,"
commented Brent Binions, President and CEO. 

    The new name makes way for a more consistent translation in French to
Chartwell Residences Pour Retraites. In Ontario, long term care
communities will be branded distinctively as Chartwell Long Term Care
Residences. Chartwell residences will begin reflecting the new name and
logo as part of a national roll-out strategy throughout 2013.

    About Chartwell

    Chartwell indirectly owns and operates a complete range of residences
from independent supportive living through assisted living to long term
care. It is one of the largest participants in the seniors housing
business in North America. Chartwell's aim is to capitalize on the strong
demographic trends present in its markets to maximize the value of its
existing portfolio of retirement residences, and prudently avail itself
of opportunities to grow internally and through accretive acquisitions.

    Chartwell's Distribution Reinvestment Plan ("DRIP") allows Unitholders to
have their monthly cash distributions used to purchase units without
incurring commission or brokerage fees, and receive bonus units equal to
3% of their monthly cash distributions. More information can be obtained
at www.chartwell.com. 

    Forward-Looking Information 

    This press release contains forward-looking information that reflects the
current expectations, estimates and projections of management about the
future results, performance, achievements, prospects or opportunities for
Chartwell and the seniors housing industry. The words "plans", "expects",
"does not expect", "is expected", "budget", "scheduled", "estimates",
"intends", "anticipates", "does not anticipate", "projects", "believes"
or variations of such words and phrases or statements to the effect that
certain actions, events or results "may", "will", "could", "would",
"might", "occur", "be achieved" or "continue" and similar expressions
identify forward-looking statements. Forward-looking statements are based
upon a number of assumptions and are subject to a number of known and
unknown risks and uncertainties, many of which are beyond our control,
and that could cause actual results to differ materially from those that
are disclosed in or implied by such forward-looking statements.

Contacts:
Chartwell Retirement Residences
Vlad Volodarski
Chief Financial Officer
(905) 501-4709
(905) 501-4710 (FAX)
vvolodarski@chartwellreit.ca
www.chartwell.com

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