MARKHAM, ONTARIO--(MARKET WIRE)--Jul 18, 2008 -- Extendicare Real Estate Investment Trust ("Extendicare REIT" or "Extendicare") (Toronto:EXE-UN.TO - News) will release its 2008 second quarter financial results on Thursday, August 7, 2008. Extendicare will hold a conference call on Friday, August 8, 2008 at 10:00 a.m. (ET) to discuss its results for the second quarter.

Following the issuance of the news release on August 7, 2008, Extendicare will post a copy, along with an update of the supplemental information package, on its website www.extendicare.com, under the investors/financial reports section.

The August 8, 2008, conference call will be webcast live and archived under the investors/presentation & webcasts section of our website. Alternatively, the call-in number is 1-877-323-2090 or 416-641-6140. A taped rebroadcast of the call will be available approximately two hours after completion of the live call until midnight on August 22, 2008. To access the rebroadcast dial 1-800-408-3053 or 416-695-5800, conference ID number 3266398.

Scheduled speakers for the second quarter conference call are: Tim Lukenda, President and Chief Executive Officer; Doug Harris, Senior Vice President and Chief Financial Officer; and Paul Tuttle, President of Canadian Operations.

About Us

Extendicare REIT, through its wholly owned subsidiaries, is a major provider of short and long-term care services for seniors in North America. We operate 269 nursing and assisted living facilities in North America, with capacity for approximately 30,300 residents. As well, we offer medical specialty services such as subacute care and rehabilitative therapy services in the United States, and home health care services in Canada. Extendicare employs approximately 37,800 people in North America.

     Contacts:
     Extendicare REIT
     Douglas J. Harris
     Senior Vice President and Chief Financial Officer
     (414) 908-8855
     (905) 470-4003 (FAX)
     Email: djharris@extendicare.com
     Visit Extendicare's Website @ http://www.extendicare.com