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HILLHAVEN ISSUES STATEMENT

 TACOMA, Wash., April 29 /PRNewswire/ -- The Hillhaven Corp. (AMEX: HIL) today announced that it had been informed that approximately 70 percent of the 2,057,498 shares of stock belonging to its chairman, Richard K. Eamer, had been sold by a bank to satisfy his personal loan obligations, and that the bank intended to sell the remaining shares, depending on market conditions. The company said that the shares were pledged as collateral for the personal loans. Eamer retains 900,000 shares which are not pledged.
 Hillhaven is one of the nation's largest diversified health care providers, operating over 400 health care facilities, including nursing centers, retirement housing communities and pharmacy outlets in 38 states.
 -0- 4/29/93
 /CONTACT: Tim Carroll of Hillhaven, 206-572-4901/
 (HIL)


CO: The Hillhaven Corp. ST: Washington IN: HEA SU:

SW-AL -- SE010 -- 2949 04/29/93 18:11 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:143
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