Leisureworld Announces December Dividend

MARKHAM, ONTARIO--(Marketwired - Dec. 15, 2014) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for December, 2014 will be $0.075 per share, representing $0.90 per share on an annualized basis.

Payment will be made on January 15, 2015 to shareholders of record on December 31, 2014.

Leisureworld's dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial provisions.

About Leisureworld

Leisureworld Senior Care Corporation is one of Canada's largest owners of seniors' housing and the largest licensed long-term care provider in Ontario, operating across four business lines. Leisureworld has 7,500 employees and owns and operates 35 long-term care homes across Ontario with 5,733 beds and 10 retirement residences, representing 1,065 suites, in Ontario and British Columbia. Under its management services division, Leisureworld provides management and consulting services to long-term care homes and retirement residences in Ontario. Subsidiaries include Preferred Health Care Services, an accredited provider of home care services. For more information, please visit Leisureworld's website at www.leisureworld.ca.

Leisureworld Senior Care Corporation
Nitin Jain
Executive Vice President & Chief Financial Officer
(905) 489-0787
investors@leisureworld.ca
www.leisureworld.ca