Five Star Quality Care, Inc. Announces Delayed Annual Report Filing

  Five Star Quality Care, Inc. Announces Delayed Annual Report Filing

Business Wire

NEWTON, Mass. -- April 8, 2014

Five Star Quality Care, Inc. (NYSE: FVE) announced that it has not timely
filed its Annual Report on Form 10-K for the year ended December 31, 2013 (the
“2013 Form 10-K”) in accordance with the requirements of the Securities
Exchange Commission (“SEC”) and the New York Stock Exchange (“NYSE”).

The reasons for the current delay are the same as those described in Five
Star’s Form 12b-25 filing with the SEC made on March 18, 2014, except that
more time is required to complete Five Star’s restated Annual Report on Form
10-K for the year ended December 31, 2012, the restated Quarterly Reports on
Form 10-Q for each of the quarters ended March 31, 2013 and June 30, 2013, the
Quarterly Report on Form 10-Q for the quarter ended September 30, 2013 and the
2013 Form 10-K (together, the “Reports”). Five Star expects that it will
regain compliance with the NYSE listing standards upon filing the Reports and
is working toward doing so as soon as possible.

Five Star Quality Care, Inc. is a senior living and healthcare services
company which owns, leases and manages senior living communities, including
primarily private pay independent and assisted living communities located
throughout the U.S. Five Star is headquartered in Newton, Massachusetts.

                 WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF
THE PRIVATE LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE
FORWARD LOOKING STATEMENTS ARE BASED UPON FIVE STAR’S PRESENT INTENT, BELIEFS,
EXPECTATIONS, AND INFORMATION BUT FORWARD LOOKING STATEMENTS ARE NOT
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FROM THOSE CONTAINED IN OR IMPLIED BY THESE FORWARD LOOKING STATEMENTS AS A
RESULT OF VARIOUS FACTORS, INCLUDING SOME BEYOND FIVE STAR’S CONTROL.

FOR THESE REASONS, AMONG OTHERS, INVESTORS IN FIVE STAR’S SECURITIES SHOULD
NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS IN THIS PRESS
RELEASE.

EXCEPT AS MAY BE REQUIRED BY APPLICABLE LAW, FIVE STAR DOES NOT UNDERTAKE ANY
OBLIGATION TO UPDATE FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE AS A
RESULT OF CHANGED CIRCUMSTANCES OR NEW INFORMATION WHICH MAY COME TO FIVE
STAR’S ATTENTION.

Contact:

Five Star Quality Care, Inc.
Kimberly Brown, 617-796-8245
Director, Investor Relations
www.fivestarseniorliving.com
 
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