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Sunrise Settles Litigation Regarding Its 2007 Annual Meeting

MCLEAN, Va., Oct. 12 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) today announced that it had settled certain litigation previously filed by SEIU Master Trust regarding Sunrise's 2007 annual meeting of stockholders to be held at 9:00 a.m. on Tuesday, October 16, 2007 at the Hilton McLean Tysons Corner, 7920 Jones Branch Drive, McLean, Virginia. As reflected in the previously disclosed Stipulated Final Order entered by the Delaware Chancery Court on September 5, 2007, as modified by the Stipulated Final Order entered by the Delaware Chancery Court on October 10, 2007:

-- the shares of stock represented at the 2007 annual meeting, either in

person or by proxy, and entitled to vote thereat, will constitute a

quorum for the purpose of the 2007 annual meeting, notwithstanding any

provision in Sunrise's certificate of incorporation or bylaws to the


-- at the 2007 annual meeting, Paul J. Klaassen, Craig R. Callen and Lynn

Krominga will stand for election to the director class that will next

stand for election in 2010;

-- no other nominees will stand for election at the 2007 annual meeting;


-- no business will be conducted at the 2007 annual meeting other than (a)

the election of directors, (b) consideration of a shareholder proposal

requesting that the board of directors take the necessary steps, in

accordance with applicable state law, to declassify the board of

directors so that all directors are elected annually and (c)

consideration of a shareholder proposal that the board of directors

adopt a policy whereby, in the event of a restatement of financial

results, the board will review all bonuses and other awards that were

made to senior executives on the basis of having met or exceeded

performance goals during the period of the restatement and will, to the

maximum extent feasible, recoup for the benefit of Sunrise all such

bonuses or awards to the extent that performance goals were not


About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of June 30, 2007, Sunrise operated 453 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for more than 53,000 residents. At quarter end, Sunrise also had 38 communities under construction in these countries with a combined capacity for 6,000 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 trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit

SOURCE Sunrise Senior Living, Inc.
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