Announcements

Announcement

February 26, 2009

From: Frank Pascoe, Senior Operations Consultant
Mike Myers, Vice President of Marketing
The Long Hill Company

Contact Phone Number: (203) 944-8283

Web Site: www.longhillcompany.com

Re: 2nd Appointment of The Long Hill Company this month as the Receiver For a Connecticut assisted living community

The Long Hill Company, headquartered in Shelton, Connecticut, has been named under a court order as the interim operator of an assisted living property located in Newtown, Connecticut.

The Long Hill Company, the newly appointed Receiver on behalf of the mortgage holder, Guaranty Bank, now operates The Homesteads of Newtown as ordered by the Superior Court of the State of Connecticut. Two weeks ago Long Hill was named receiver of Kensington Green of Southbury, CT.

The Long Hill Company management team will assume day-to-day operation of this facility and ensure the highest quality in resident care, ensure resident safety and provide appropriate staffing. These changes are implemented to improve the financial position of the building and ensure the value of the asset.

The Long Hill Company has had a number of recent engagements as receiver of assisted living and skilled nursing facilities in South Carolina, Upstate and Long Island, New York, Tennessee, Maryland and Indiana. The Long Hill Company is the management subsidiary of United Methodist Homes (UMH), a not-for-profit organization based in Shelton, Connecticut with a 100-year tradition of serving the elderly. UMH owns and operates retirement and assisted living communities as well as skilled nursing communities in Connecticut, Indiana & Tennessee.

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