Leisureworld Announces January Dividend

MARKHAM, Jan. 17 /CNW/ - Leisureworld Senior Care Corporation (TSX:LW) today announced that the Company's dividend for January, 2011 will be $0.0708 per share, representing $0.85 per share on an annualized basis. Payment will be made on February 15, 2011 to shareholders of record January 31, 2011.

About Leisureworld

Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario. The Company owns and operates 26 LTC homes, representing approximately 4,314 beds across Ontario, Canada.  Leisureworld also owns and operates one retirement home with 29 beds and one independent living home with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services, Ontario Long Term Care, a provider of purchasing services, dietary, social work, and other regulated health professional services, and Tealwood Developments, a provider of laundry services to the Leisureworld Homes.

SOURCE Leisureworld Senior Care Corporation

For further information:

Leisureworld Senior Care Corporation
Derek Henderson
Investor Relations
(416) 447-4740 ext 232

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Leisureworld Senior Care Corporation

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