Chartwell REIT Fourth Quarter And Year-End 2004 Results & Conference Call.

MISSISSAUGA, Ontario -- Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) will issue its financial results for the three months and year ended December 31, 2004 during the afternoon of Thursday, February 17, 2005.

A conference call hosted by Stephen Suske, Vice Chair and President, Robert Ezer, Chief Executive Officer, Brent Binions, Executive VP Long-Term Care & Government Relations, and Leslie Veiner, Chief Financial Officer, will be held Friday, February 18, 2005 at 10.00 am ET

The telephone numbers for the conference call are:

Local: [phone]

Toll Free: [phone]

The conference call can also be heard over the Internet. Access the Chartwell REIT web site at www.chartwellreit.ca, click on "Investor Relations" and follow the link at the top of the page.

The telephone numbers to listen to the call after it is completed (Instant Replay) are [phone] or [phone]. The Passcode for the Instant Replay is 3135737#. The Instant Replay will be available until midnight, February 24, 2005. The call will also be archived on the Chartwell REIT web site at www.chartwellreit.ca.

Chartwell REIT is a growth-oriented investment trust owning and managing a complete spectrum of seniors housing properties in selected centres across Canada. Focused solely on the Canadian marketplace, Chartwell REIT is currently the second largest participant in the Canadian seniors housing business. Chartwell REIT will capitalize on the strong demographic trends present in its markets to grow internally and through accretive acquisitions. Chartwell REIT also has an exclusive option to purchase stabilized facilities from Spectrum Seniors Housing Development LP, a seniors housing development company.

Chartwell's Distribution Reinvestment Plan (DRIP) allows Unitholders to have their monthly cash distributions used to purchase Trust Units without incurring commission or brokerage fees, and receive bonus Units equal to 3% of their monthly cash distributions. More information can be obtained at www.chartwellreit.ca

CHARTWELL SENIORS HOUSING REIT (TSX:CSH.UN)