Ventas Names Chicago as Headquarters( Company to Expand I...),Health

Company to Expand Its Louisville Office

LOUISVILLE, Ky., April 24 /PRNewswire-FirstCall/ -- Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") said today that, effective with its May 19, 2008 annual meeting of shareholders, the Company's headquarters will be located in Chicago, Illinois.

"As a $10 billion NYSE-listed real estate investment trust with assets in two countries and 43 states, we believe that identifying Chicago as our headquarters will provide the Company with increased visibility and access to the city's robust real estate community, including other REITs, private real estate companies and real estate investors important to our success," Ventas Chairman, President and Chief Executive Officer Debra A. Cafaro said. "We look forward to becoming active members of the Chicago business community."

Ventas said its Louisville office, which has been its corporate headquarters, will continue to be the Company's largest location. Three of the Company's five members of its Management Committee, and over 60 percent of its employees, will remain based in Louisville. Also, Ventas recently agreed to expand its Louisville office space by about 50 percent to provide capacity for its growing workforce. The Company's Chicago employees will continue to be based in its offices in Chicago's central business district.

"Our Louisville-based employees have been and will continue to be essential to our success," Cafaro said. "We are very fortunate to be able to draw on Louisville's excellent talent pool, especially in accounting, tax, legal and asset management. We expect to add jobs in both cities as warranted by our future growth."

The Company also said it intends to continue supporting civic and philanthropic causes important to its employees in both Chicago and Louisville through the Ventas Charitable Foundation.

"We're delighted that Ventas selected Chicago for its corporate headquarters and welcome the Compan
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