Centric Health migrates to the main board of the Toronto Stock Exchange



    TORONTO, Aug. 31 /CNW/ - Centric Health Corporation ("Centric Health")
(formerly Alegro Health Corp.) (TSX-V: AGO), a diversified healthcare
investment company, today announced that its common shares are scheduled to
delist from the TSX-V at the end of the day today (Monday, August 31) as a
result of the Company's graduation to the Toronto Stock Exchange ('TSX') and
to commence trading on the TSX at the open of trading tomorrow (Tuesday,
September 1) under the symbol 'CHH'.
    "The graduation to the TSX is an important milestone for the Company as
it continues its focused growth strategy within the Canadian healthcare
sector," said Brenda Rasmussen, President and CEO of Centric Health. "The
listing of the Company's shares on the TSX will enhance its visibility and
accessibility to the public markets and enable Centric Health to pursue its
strategic growth plans in partnership with healthcare professionals."

    About Centric Health

    Centric Health's vision is to be Canada's Premier Healthcare Company that
provides Innovative Solutions Centered around Patients and Healthcare
Professionals. Centric Health's current key divisions include Disability &
Rehabilitation Management, Physiotherapy and Surgical/Hospital Services. With
knowledge and experience of healthcare delivery in international markets,
Centric Health is pursuing expansion opportunities into other healthcare
sectors to create value for all stakeholders with an unwavering commitment to
the highest quality of care. Centric Health is listed on the TSX under the
symbol CHH. For further information, please visit www.centrichealth.ca.

    This press release contains statements that may constitute
"forward-looking statements" within the meaning of applicable Canadian
securities legislation. These forward-looking statements include, among
others, statements regarding timing of trading on the TSX and anticipated
benefits thereof, statements regarding business strategy, plans and other
expectations, beliefs, goals, objectives, information and statements about
possible future events. Readers are cautioned not to place undue reliance on
such forward-looking statements. Forward-looking statements are based on
current expectations, estimates and assumptions that involve a number of
risks, which could cause actual results to vary and in some instances to
differ materially from those anticipated by Centric Health and described in
the forward-looking statements contained in this press release. No assurance
can be given that any of the events anticipated by the forward-looking
statements will transpire or occur or, if any of them do so, what benefits
Centric Health will derive there from.

    
    This release was prepared by management of the Company who takes full
    responsibility for its contents. The TSX Venture Exchange has not
    reviewed and does not accept responsibility for the adequacy or accuracy
    of this news release.
    

    %SEDAR: 00016656E




For further information:

For further information: Peter Walkey, Chief Financial Officer, Centric
Health, (416) 927-8400 ext. 309, pwalkey@centrichealth.ca; Michael Moore,
Investor Relations, Equicom Group, (416) 815-0700 ext. 241,
mmoore@equicomgroup.com


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