Holders of Extendicare REIT Units and holders of Exchangeable LP Units who are resident in Canada have the opportunity to participate in the Extendicare Distribution Reinvestment Plan and reinvest distributions to acquire additional REIT Units or Exchangeable LP Units at a 3% discount to the average market price of the REIT Units on the Toronto Stock Exchange at the time of reinvestment, commencing in respect of the first distribution on January 15, 2007. The average market price in respect of a particular distribution payment date, means the volume weighted average price of the REIT Units on the Toronto Stock Exchange for the five consecutive trading days immediately preceding the corresponding distribution date.

Distribution Reinvestment Price

2008 Distribution Reinvestment Price Applicable to REIT and Exchangeable LP Units
Average REIT Unit DRIP Price (C$)	Bonus Unit DRIP Price (3% discount)	Record Date	Payment Date
$11.7578	$11.4051	January 31, 2008	February 15, 2008
$11.2638	$10.9259	February 29, 2008	March 17, 2008
$11.6336	$11.2846	March 31, 2008	April 15, 2008

2006 and 2007 Distribution Reinvestment Price Applicable to REIT and Exchangeable LP Units
Average REIT Unit DRIP Price (C$)	Bonus Unit DRIP Price (3% discount)	Record Date	Payment Date
$14.9865	$14.5369	December 29, 2006	January 15, 2007
$17.4463	$16.9229	January 31, 2007	February 15, 2007
$16.9262	$16.4184	February 28, 2007	March 15, 2007
$16.4252	$15.9324	March 30, 2007	April 16, 2007
$17.3371	$16.8170	April 30, 2007	May 15, 2007
$16.4469	$15.9535	May 31, 2007	June 15, 2007
$16.1381	$15.6540	June 29, 2007	July 16, 2007
$14.7712	$14.3281	July 31, 2007	August 15, 2007
$14.9776	$14.5283	August 31, 2007	September 17, 2007
$14.9899	$14.5402	September 28, 2007	October 15, 2007
$12.5202	$12.1446	October 31, 2007	November 15, 2007
$12.1461	$11.7817	November 30, 2007	December 17, 2007
$11.5923	$11.2445	December 31, 2007	January 15, 2008