Five Star Quality Care, Inc. Announces Intention to Adjourn 2014 Annual Meeting of Stockholders to August 21, 2014

  Five Star Quality Care, Inc. Announces Intention to Adjourn 2014 Annual
  Meeting of Stockholders to August 21, 2014

                         Record Date is July 14, 2014

Business Wire

NEWTON, Mass. -- July 3, 2014

Five Star Quality Care, Inc. (NYSE: FVE) today announced that it intends to
adjourn its 2014 Annual Meeting of Stockholders shortly after the meeting
convenes on July 7, 2014, to August 21, 2014, at Two Newton Place, 255
Washington Street, Suite 100, Newton, Massachusetts 02458, at 9:30 a.m., local
time. The meeting will be adjourned to allow for the completion and
distribution of Five Star’s Annual Report on Form 10-K for the year ended
December 31, 2013. As previously announced, the 2013 Annual Report was delayed
following the restatement of Five Star’s financial results for 2011, 2012 and
the first and second quarters of 2013. The restatements were completed on
April 15, 2014. Since that time, Five Star has been working to file its 2013
Annual Report and expects to mail a proxy statement for the 2014 Annual
Meeting of Stockholders, together with a proxy card and its 2013 Annual
Report, to all stockholders as of the record date for the Annual Meeting
shortly after its 2013 Annual Report is completed. The record date for
determination of stockholders entitled to vote at the adjourned 2014 Annual
Meeting of Stockholders is July 14, 2014.

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 SECURITIES 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 GUARANTEED TO OCCUR AND MAY NOT OCCUR. ACTUAL RESULTS MAY DIFFER
MATERIALLY 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 EXAMPLE, THIS PRESS RELEASE STATES THAT FIVE STAR INTENDS TO
ADJOURN ITS 2014 ANNUAL MEETING OF STOCKHOLDERS TO AUGUST 21, 2014, IN ORDER
TO ALLOW FOR THE COMPLETION OF ITS 2013 ANNUAL REPORT AND THAT IT IS WORKING
TO FILE THAT REPORT. THESE STATEMENTS MAY IMPLY THAT FIVE STAR WILL SOON
COMPLETE ITS 2013 ANNUAL REPORT. HOWEVER, FIVE STAR MAY BE FURTHER DELAYED IN
COMPLETING ITS 2013 ANNUAL REPORT AND MAY DECIDE TO FURTHER ADJOURN ITS 2014
ANNUAL MEETING OF STOCKHOLDERS.

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, NEW INFORMATION WHICH MAY COME TO FIVE STAR’S
ATTENTION OR OTHERWISE.

              ADDITIONAL INFORMATION REGARDING THE SOLICITATION

Five Star, its directors and officers and Reit Management & Research LLC and
certain of its directors, officers and employees may be deemed to be
participants in the solicitation of proxies from stockholders in connection
with Five Star’s 2014 Annual Meeting of Stockholders. STOCKHOLDERS ARE URGED
TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT FIVE STAR
WILL FILE WITH THE SECURITIES AND EXCHANGE COMMISSION (“SEC”) WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Additional
information regarding the identity of potential participants and their direct
or indirect interests, by share holdings or otherwise, is set forth in the
proxy statement for Five Star’s 2013 Annual Meeting filed with the SEC and
will be set forth in the proxy statement for the 2014 Annual Meeting to be
filed with the SEC.

Stockholders will be able to obtain, free of charge, copies of the proxy
statement and any other documents to be filed by Five Star with the SEC in
connection with the Annual Meeting of Stockholders at the SEC’s website,
http://www.sec.gov, at Five Star’s website,
http://www.fivestarseniorliving.com, or by requesting materials from Five Star
by mail. Requests by mail should be directed to Five Star’s Investor Relations
Department at Two Newton Place, 255 Washington Street, Suite 300, Newton,
Massachusetts 02458.

Contact:

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