Media Release
23 July 2012

METLIFECARE COMPLETES MERGER WITH VISION AND PRIVATE LIFE CARE

Metlifecare has today completed the merger with Vision Senior Living and Pr ivate Life Care Holdings,
which was approved by shareholders at a special meeting on 21 June 2012.
Metlifecare Chairman, Peter
Brown, said: "Metlifecare is now
one of Ne w Zealand's largest
retirement village operators, with a strong development pipeline.
Manageme nt's immediate focus
is on integrating the three organisations and realising the synergies. We will also focus on generating sustainable future value and returns for our shareholders."
ENDS

For more information, please contact:

Tristram van der Meijden
CFO Metlifecare
Tel: 09