Extendicare Announces January 2013 Dividend of C$0.07 per

Extendicare Announces January 2013 Dividend of C$0.07 per Share 
MARKHAM, ONTARIO -- (Marketwire) -- 01/16/13 -- Extendicare Inc.
("Extendicare" or the "Company") (TSX:EXE) announced that it has
declared a cash dividend of C$0.07 per common share of the Company
(the "Common Share") for the month of January 2013, which is payable
on February 15, 2013 to shareholders of record at the close of
business on January 31, 2013. This dividend is designated as an
"eligible dividend" within the meaning of the Income Tax Act
Extendicare has a Dividend Reinvestment Plan (the "DRIP"), which
provides Canadian resident holders of Common Shares with the
opportunity to increase their respective investments at a 3% discount
to the volume weighted average trading price of the Common Shares on
the TSX for the five trading days immediately preceding the dividend
payment date. A copy of the DRIP package is available under the
investors section of Extendicare's website.  
About Us 
Extendicare is a leading North American provider of post-acute and
long-term senior care services. Through our network of owned and
operated health care centers, our qualified and experienced workforce
of 36,000 individuals is dedicated to helping people live better
through a commitment to quality service that includes skilled nursing
care, rehabilitative therapies and home health care services. Our 243
senior care centers in North America have capacity to care for
approximately 26,700 residents.  
Forward-looking Statements 
Information provided by Extendicare from time to time, including this
release, contains or may contain forward-looking statements
concerning anticipated financial events, results, circumstances,
economic performance or expectations with respect to Extendicare and
its subsidiaries, including, without limitation, statements regarding
its business operations, business strategy, and financial condition.
Forward-looking statements can be identified because they generally
contain the words "expect", "intend", "anticipate", "believe",
"estimate", "project", "plan" or "objective" or other similar
expressions or the negative thereof. Forward-looking statements
reflect management's beliefs and assumptions and are based on
information currently available, and Extendicare assumes no 
obligation to update or revise any forward-looking statement, except
as required by applicable securities laws. These statements are not
guarantees of future performance and involve known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements of Extendicare to differ materially from
those expressed or implied in the statements. Given these risks and
uncertainties, readers are cautioned not to place undue reliance on
Extendicare's forward-looking statements. Further information can be
found in the disclosure documents filed by Extendicare with the
securities regulatory authorities, available at www.sedar.com and on
Extendicare's website at www.extendicare.com.
Extendicare Inc.
Douglas J. Harris
Senior Vice President and Chief Financial Officer
(414) 908-8855
(905) 470-4003 (FAX)
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