Chartwell Retirement Residences Announces Election of Trustees and Directors

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MISSISSAUGA, ON--(Marketwired - May 15, 2015) - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced that the nominees listed in the management proxy circular dated March 27, 2015 were elected as trustees of Chartwell, trustees of CSH Trust and directors of Chartwell Master Care Corporation. The detailed results of the vote for the election of directors and trustees held at Chartwell's Annual Meeting on Thursday, May 14, 2015 in Toronto are set out below.

Each of the following three nominees proposed by management was elected as a trustee of Chartwell Retirement Residences (the "Chartwell Trustees") as follows:

     
Nominee Votes For Votes Withheld
Lise Bastarache 110,263,527 99.55% 495,978 0.45%
Sidney P. H. Robinson 110,612,254 99.87% 147,251 0.13%
Huw Thomas 108,934,272 98.35% 1,825,233 1.65%
     

As directed by unitholders of Chartwell, the Chartwell Trustees voted units of CSH Trust to elect the trustees of CSH Trust as follows:

     
Nominee Votes For Votes Withheld
Michael D. Harris 95,347,534 86.09% 15,410,471 13.91%
André R. Kuzmicki 110,365,040 99.64% 394,465 0.36%
Thomas Schwartz 108,386,506 97.86% 2,372,999 2.14%
     

As directed by unitholders of Chartwell, the Chartwell Trustees caused the common shares of Chartwell Master Care Corporation (the "Corporation") to be voted to elect the directors of the Corporation as follows:

     
Nominee Votes For Votes Withheld
Lise Bastarache 110,265,296 99.55% 494,209 0.45%
W. Brent Binions 110,114,980 99.42% 644,525 0.58%
Michael D. Harris 95,066,268 85.83% 15,693,237 14.17%
André R. Kuzmicki 110,640,394 99.89% 119,111 0.11%
Sidney P. H. Robinson 110,591,717 99.85% 167,788 0.15%
Sharon Sallows 110,179,073 99.48% 580,432 0.52%
Thomas Schwartz 109,408,071 98.78% 1,351,434 1.22%
Huw Thomas 109,944,799 99.26% 814,706 0.74%
     

Final voting results on all matters voted on at the Annual Meeting of Shareholders held on May 14, 2015 will be published shortly on www.sedar.com.

About Chartwell
Chartwell is an unincorporated, open-ended trust which indirectly owns and manages a portfolio of seniors housing communities across the complete continuum of care. 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 retirement residences, and prudently avail itself of opportunities to grow internally and through accretive acquisitions.

Contact Information:

For more information, please contact:
Chartwell Retirement Residences
Vlad Volodarski
Chief Financial Officer and Chief Investment Officer
Tel: (905) 501-4709
Fax: (905) 501-4710
vvolodarski@chartwell.com