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Press release from Marketwire

Leisureworld Announces December Dividend

Friday, December 14, 2012

Leisureworld Announces December Dividend10:00 EST Friday, December 14, 2012MARKHAM, ONTARIO--(Marketwire - Dec. 14, 2012) - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for December, 2012 will be $0.075 per share, representing $0.90 per share on an annualized basis. Payment will be made on January 15, 2013 to shareholders of record December 31, 2012.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 LeisureworldLeisureworld Senior Care Corporation is Canada's fifth largest operator of seniors' housing and the third largest licensed long-term care (LTC) provider in Ontario. Leisureworld owns and operates 27 LTC homes across Ontario with 4,474 beds. The Company also owns and operates six retirement residences and one independent living residence, representing 768 suites, in Ontario and British Columbia. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services; and Ontario Long Term Care, a provider of purchasing services, and dietary, social work, and other regulated health professional services. For more information, please visit the Company's website at www.leisureworld.ca.FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Leisureworld Senior Care CorporationBruce WigleInvestor Relations(416) 447-4740 ext 232www.leisureworld.ca