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Chartwell Retirement Residences Announces Election of Trustees and Directors

MISSISSAUGA, ONTARIO -- (Marketwired) -- 05/16/14 -- Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced that the nominees listed in the management proxy circular dated April 1, 2014 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 15, 2014 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:

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Nominee                                 Votes For          Votes Withheld
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Lise Bastarache                     110,729,347  99.30%      775,221   0.70%
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Sidney P. H. Robinson               111,308,577  99.82%      195,991   0.18%
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Huw Thomas                          104,092,563  93.35%    7,412,005   6.65%
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As directed by unitholders of Chartwell, the Chartwell Trustees voted units of CSH Trust to elect the trustees of CSH Trust as follows:

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Nominee                                 Votes For          Votes Withheld
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Michael D. Harris                   100,615,628  90.23%   10,888,939   9.77%
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Andre R. Kuzmicki                   111,086,016  99.62%      418,551   0.38%
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Thomas Schwartz                     104,714,985  93.91%    6,789,582   6.09%
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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:

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Nominee                                 Votes For          Votes Withheld
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Lise Bastarache                     110,726,164  99.30%      778,403   0.70%
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W. Brent Binions                    110,752,858  99.33%      751,709   0.67%
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Michael D. Harris                    97,866,043  87.77%   13,638,524  12.23%
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Andre R. Kuzmicki                   111,085,101  99.62%      419,466   0.38%
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Sidney P. H. Robinson               110,168,701  98.80%    1,335,866   1.20%
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Sharon Sallows                      109,908,489  98.57%    1,596,078   1.43%
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Thomas Schwartz                     103,308,025  92.65%    8,196,542   7.35%
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Huw Thomas                          105,096,413  94.25%    6,408,154   5.75%
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Final voting results on all matters voted on at the Annual Meeting of Shareholders held on May 15, 2014 will be published shortly on www.sedar.com.

About Chartwell:

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities from independent supportive living through assisted living to long term 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.

Contacts:
Chartwell Retirement Residences
Vlad Volodarski
Chief Financial Officer
(905) 501-4709
(905) 501-4710 (FAX)
[email protected]

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