(TSX Symbol: ACC) – A correction from source is being issued for the Amica Mature Lifestyles Inc. (the “Company”) news release that was disseminated today at 8:30 am EST. In the “Second Quarter Dividend” section, the payable and record dates for the quarterly dividend of $0.105 per common share should have been March 13, 2015 and February 27, 2015, respectively rather than March 13, 2014 and February 27, 2014 as originally issued. Complete corrected text should have read:

SECOND QUARTER DIVIDEND

The Company’s Board of Directors has approved a quarterly dividend of $0.105 per common share on all issued and outstanding common shares which will be payable on March 13, 2015, to shareholders of the Company of record on February 27, 2015.

All other information in the news release remains unchanged.

The Company’s unaudited condensed consolidated interim financial statements for the three and six months ended November 30, 2014 and the management’s discussion and analysis are available on SEDAR at www.sedar.com and available on the Company’s website at www.amica.ca.

ABOUT AMICA MATURE LIFESTYLES INC.

Amica Mature Lifestyles Inc., a Vancouver based public company, is a leader in the management, marketing, design, development and ownership of luxury seniors residences. There are 24 Amica Wellness & Vitality™ Residences in operation in Ontario, British Columbia and Alberta, Canada. Additionally, Amica has one residence under construction in Oakville, Ontario, one residence in pre-development in Calgary, Alberta and two existing operational residences in Ontario with expansions that are in pre-development. The common shares of Amica are traded on the Toronto Stock Exchange under the symbol “ACC”. For more information, visit www.amica.ca.

For further information, please contact:

Art Ayres       Troy Shultz
Chief Financial Officer Manager, Investor Communications
Amica Mature Lifestyles Inc. Amica Mature Lifestyles Inc.
(604) 630-3473 (604) 639-2171

a.ayres@amica.ca

t.shultz@amica.ca