Health Care Property Investors, Inc. to Report First Quarter 2006 Financial Results and Host Conference Call/Webcast.

LONG BEACH, Calif. -- Health Care Property Investors, Inc. (NYSE: HCP) will report its first quarter financial results on Monday, May 1, 2006 after the close of trading on the New York Stock Exchange. On Tuesday, May 2, 2006, Health Care Property Investors, Inc. will host a conference call and webcast at 9 a.m. Pacific Time (12 noon Eastern Time) in order to present the Company's financial performance and operating results for the quarter ended March 31, 2006.

The dial-in number for the conference call is 866-578-5801 (U.S.) and 617-213-8058 (International). The participant passcode is 46705918. You may also access the conference call via webcast at www.hcpi.com. The link can be found under the "Investor Relations" tab and the "Event Calendar" page. An archive of the event will be available on the Company's website through May 16, 2006.

Health Care Property Investors, Inc. (NYSE:HCP) is a self-administered real estate investment trust that invests directly or through joint ventures in healthcare facilities. As of December 31, 2005, the Company's portfolio of properties, excluding assets held for sale but including investments through joint ventures and mortgage loans, included 527 properties in 42 states and consisted of 140 senior housing facilities, 170 medical office buildings, 29 hospitals, 165 skilled nursing facilities and 23 other healthcare facilities. For more information on Health Care Property Investors, Inc., visit the Company's web site at www.hcpi.com.