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Sunrise Reports Preliminary Selected Financial and Operating Data for Fourth-Quarter 2007
Date:3/3/2008

received a

subpoena from the Los Angeles regional office of the OIG requesting

information regarding Trinity's operations in 19 locations for the

period December 1, 1998 through February 12, 2008. This subpoena

relates to the ongoing investigation being conducted by the Commercial

Litigation Branch of the U.S. Department of Justice and the civil

division of the U.S. Attorney's Office in Arizona. Trinity is in the

process of complying with the subpoena. During 2006, the Company

recorded a loss of $5 million for possible fines, penalties and

damages related to the Trinity OIG investigation. As of December 31,

2007, the Company had incurred approximately $2 million in

professional fees and other costs in connection with the investigation

and related qui tam action and remediation activities. The Company

expects to incur additional costs, which may be substantial, until

this matter is resolved.

-- IRS Audit. The Internal Revenue Service is auditing our federal income

tax returns for the years ended December 31, 2005 and 2006, and our

employment tax returns for 2004, 2005 and 2006.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of December 31, 2007, Sunrise operated 457 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for approximately 54,000 residents. At quarter end, Sunrise also had 45 communities under construction in these countries with a combined capacity for 5,800 additional residents. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's senior living services are delivered by staff trai
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SOURCE Sunrise Senior Living, Inc.
Copyright©2008 PR Newswire.
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