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Press release from Marketwire

Chartwell Announces New Chief Operating Officer

Wednesday, December 21, 2011

Chartwell Announces New Chief Operating Officer14:06 EST Wednesday, December 21, 2011MISSISSAUGA, ONTARIO--(Marketwire - Dec. 21, 2011) - Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) announced today Karen Sullivan has been appointed Chief Operating Officer effective January 1, 2012. Ms. Sullivan is currently Chartwell's Executive Vice President of People and Long Term Care and she has been with the company since January 2008. Previously, she was the Executive Director of the Ontario Long Term Care Association, an organization she worked with for over 20 years. "Karen is an integral part of our senior executive leadership team at Chartwell and has headed up our long term care platform for the past year and a half. Her strategic leadership will be a great asset in this important role and I have every confidence that her contributions will help us be even more successful in the coming years," commented Brent Binions Chartwell's President and CEO. "Karen embraces our commitment to generating stable, sustainable and growing AFFO for our unit holders while providing the highest levels of care and service for our residents."Chartwell is a real estate investment trust which indirectly owns and operates a complete range of seniors housing communities from independent supportive living ("ISL") through assisted living ("AL") to long-term care ("LTC"). It is one of the largest participants in the seniors housing business in North America. Chartwell's aim is to capitalize on the strong demographic trends present in its markets to maximize the value of its existing portfolio of seniors housing communities, and prudently avail itself of opportunities to grow internally and through accretive acquisitions.Chartwell's Distribution Reinvestment Plan (DRIP) allows Unitholders to have their monthly cash distributions used to purchase units without incurring commission or brokerage fees, and receive bonus units equal to 3% of their monthly cash distributions. More information can be obtained at www.chartwellreit.ca.Forward Looking Information This press release contains forward-looking information that reflects the current expectations, estimates and projections of management about the future results, performance, achievements, prospects or opportunities for Chartwell and the seniors housing industry. The words "plans", "expects", "does not expect", "is expected", "budget", "scheduled", "estimates", "intends", "anticipates", "does not anticipate", "projects", "believes" or variations of such words and phrases or statements to the effect that certain actions, events or results "may", "will", "could", "would", "might", "occur", "be achieved" or "continue" and similar expressions identify forward-looking statements. Forward-looking statements are based upon a number of assumptions and are subject to a number of known and unknown risks and uncertainties, many of which are beyond our control, and that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. While we anticipate that subsequent events and developments may cause our views to change, we do not have an intention to update this forward-looking information, except as required by applicable securities laws. This forward-looking information represents our views as of the date of this press release and such information should not be relied upon as representing our views as of any date subsequent to the date of this document. We have attempted to identify important factors that could cause actual results, performance or achievements to vary from those current expectations or estimated expressed or implied by the forward-looking information. However, there may be other factors that cause results, performance or achievements not to be as expected or estimated and that could cause actual results, performance or achievements to differ materially from current expectations. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those expected or estimated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. These factors are not intended to represent a complete list of the factors that could affect us. See "Risks and Uncertainties" in our 2010 MD&A and risk factors highlighted in materials filed with the securities regulatory authorities in Canada from time to time, including but not limited to our most recent annual information form. FOR FURTHER INFORMATION PLEASE CONTACT: Vlad VolodarskiChartwell Seniors Housing Real Estate Investment TrustChief Financial Officer(905) 501-4709(905) 501-4710 (FAX)vvolodarski@chartwellreit.cawww.chartwellreit.ca