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Press release from CNW Group

Regal Lifestyles Communities Inc. Declares Its Initial Dividend of 8.84 Cents Per Common Share

Wednesday, November 14, 2012

Regal Lifestyles Communities Inc. Declares Its Initial Dividend of 8.84 Cents Per Common Share16:32 EST Wednesday, November 14, 2012TORONTO, Nov. 14, 2012 /CNW/ - Regal Lifestyle Communities Inc. ("Regal" or the "Company") (TSX: RLC) announced today that its Board of Directors declared an initial cash dividend of $0.0865 cents per share for the 45-day period from October 16, 2012 to November 30, 2012.  The dividend is payable on December 14, 2012 to shareholders of record as at November 30, 2012.About Regal Lifestyle Communities Inc.Regal Lifestyle Communities Inc. is a corporation incorporated under the laws of the Province of Ontario. With the completion of its recent initial public offering and related transactions, the Company acquired a portfolio consisting of income-producing retirement communities offering primarily independent serviced living and assisted living programs. The Company's portfolio is comprised of ten "current generation" retirement communities with an average age of approximately five years, consisting of over 1,400 suites, primarily located in the Province of Ontario and including a property located in each of the Provinces of Saskatchewan and Newfoundland and Labrador.Regal's goals are to deliver stable dividends to its shareholders while expanding its portfolio of current generation retirement communities over time through accretive acquisitions and expansions of owned communitiesFor more information, visit the Company's issuer profile at www.sedar.comSOURCE: Regal Lifestyle Communities Inc.For further information: Simon Nyilassy, President and Chief Executive Officer Regal Lifestyle Communities Inc. (416) 777-9677 x 202 or Harold Atterton, Chief Financial Officer Regal Lifestyle Communities Inc. (416) 777-9677 x 203