*Plastic pallets previously presented to the market have achieved limited acceptance based on two key shortcomings:

NEWS RELEASE

FOR IMMEDIATE RELEASE

Extendicare Announces Timing of 2016 Second Quarter Results and Conference Call‌

MARKHAM, ONTARIO - June 29, 2016 - Extendicare Inc. ("Extendicare" or the "Company") (TSX: EXE) today announced it will release its financial results for the second quarter of 2016 on Thursday, August 11, 2016, and will host a conference call and live audio webcast on Friday, August 12, 2016, at 10:00 a.m. (EDT) to discuss the results.

Following the issuance of the news release on August 11, 2016, Extendicare will post a copy of the release, along with an update of the supplemental information package, on its website at www.extendicare.com under the "Our Investors/Financial Reports" section.

The conference call to be held on August 12, 2016, will be hosted by Tim Lukenda, President and Chief Executive Officer and Elaine Everson, Vice President and Chief Financial Officer. Following management's presentation, there will be a question and answer session for analysts and institutional investors.

To participate in the conference call on August 12, 2016, please dial 1-866-696-5910 or 416-340- 2217 followed by the passcode 3293611#. The conference call will also be accessible via webcast at www.extendicare.com under the "Our Investors/Events & Presentations" section. A replay of the call will be available approximately two hours after completion of the live call until midnight on August 26, 2016. To access the rebroadcast dial 1-800-408-3053 or 905-694-9451 followed by the passcode 8765015#.

ABOUT EXTENDICARE

Extendicare is a leading provider of care and services for seniors throughout Canada. Through our network of 118 operated senior care and living centres (64 owned/54 managed), as well as our home health care operations, we are committed to delivering care throughout the health care continuum to meet the needs of a growing seniors' population in Canada. Our qualified and highly trained workforce of 23,400 individuals is dedicated to helping people live better through a commitment to quality service and a passion for what we do.

For further information, contact: Jillian Fountain

Corporate Secretary

Phone: (905)-470-5534; Fax: (905) 470-4003

Email: jfountain@extendicare.com

www.extendicare.com

Extendicare Inc. published this content on 29 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 June 2016 12:45:01 UTC.

Original documenthttps://www.extendicare.com/document/498

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