Health Care REIT to Acquire Sunrise Senior Living

Health Care REIT, Inc.

announced today that it has entered into a definitive agreement to acquire all of the outstanding common stock of Sunrise Senior Living, Inc.

for $14.50 per share in an all cash transaction. The acquisition positions Health Care REIT among the largest owners of seniors housing in the world with over 58,000 units located in the U.S., Canada, and the United Kingdom. As part of the transaction, Health Care REIT will acquire Sunrise's 20 wholly owned seniors housing communities and Sunrise's interest in joint ventures that own 105 seniors housing communities. The 20 wholly owned communities are located in the U.S. (17) and Canada (3), while the joint venture communities are located in the