Leisureworld Announces February Dividend

February 15, 2011 at 5:46 PM EST

MARKHAM, ONTARIO--(Marketwire - Feb. 15, 2011) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for February, 2011 will be $0.0708 per share, representing $0.85 per share on an annualized basis. Payment will be made on March 15, 2011 to shareholders of record February 28, 2011.

About Leisureworld

Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario. The Company owns and operates 26 LTC homes, representing approximately 4,314 beds across Ontario, Canada. Leisureworld also owns and operates one retirement home with 29 beds and one independent living home with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services, Ontario Long Term Care, a provider of purchasing services, dietary, social work, and other regulated health professional services, and Tealwood Developments, a provider of laundry services to the Leisureworld Homes.

Leisureworld Senior Care Corporation
Derek Henderson
Investor Relations
(416) 447-4740 ext 232