Sunrise Reports Preliminary Selected Financial and Operating Data for Fourth-Qu...(ed by Sunrise. Revenue under management...),Health

for the quarter and the year grew largely due to new openings,

stabilization of new properties opened during the prior year,

acquisitions and increases in average daily rate.

-- Sunrise's same-community portfolio included 206 communities in the

fourth quarter 2007, compared to 176 communities in the fourth quarter

of 2006. Sunrise's same-community portfolio consists of communities in

which Sunrise has an ownership interest (i.e., consolidated communities

and venture communities) that were stabilized in both the fourth

quarter of 2007 and 2006 (which Sunrise defines as being open for 12

months or achieving 95 percent occupancy, whichever occurs first). The

increase in number of same communities is partially due to the

stabilization of communities in The Fountains venture portfolio,

consisting of 16 communities that were acquired in the third quarter of

2005. Six of the communities became stabilized earlier in 2007, and

the remaining ten communities became stabilized during the fourth

quarter of 2006. The remaining increase in stabilized communities is

due to new community openings that first stabilized in the fourth

quarter 2006. Of the 206 communities in the same-community portfolio,

145 are venture communities and 61 are consolidated communities.

-- Same-community revenues increased 5.9 percent during the fourth quarter

2007, to $311.5 million as compared to $294.1 million in the prior-year

fourth-quarter. Revenue growth from communities in ventures was 5.1

percent and growth from consolidated communities was 7.6 percent.

Growth in same-community revenues was primarily driven by rate

increases.

-- Average daily rate for the same-community portfolio increased 6.5

percent over the prior-year
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