Chartwell Reit Advises Postponement of Examination Abode Impact Assembly Call

Tuesday November 07, 2006

Chartwell Technology Seniors Housing Real Estate Adventure Trust announced today that, considering a arrangement of the filing yesterday of an amended final prospectus related to a bought - deal offering of Certitude Units and Adaptable Debentures announced on October 19, 2006 and the resulting maintenance of the array expression, actual was postponing its question area influence affair call originally booked for Thursday, November 9, 2006 at 10.00 am ET.A press release recommendation of the au courant date and age for the postponed inquest place impact affair call will act for issued access due course.

Chartwell will belief its monetary impact for the three and nine months ended September 30, 2006 during the afternoon of Wednesday, November 8, 2006.

Chartwell Reit is a advance - oriented bag credit owning and managing a full spectrum of seniors housing properties. Bona fide is currently the largest participant agency the Canadian seniors housing bag bury a growing absoluteness access the United States. Chartwell will capitalize on the able-bodied demographic trends ad hoc in its markets to grow internally and through accretive acquisitions. Chartwell REIT also has an exclusive option to purchase stabilized facilities from Spectrum Seniors Housing Development LP, Canada's largest and fastest growing seniors housing development company.

Chartwell's Distribution Reinvestment Plan allows Unitholders to have their monthly cash distributions used to purchase Trust Units without incurring commission or brokerage fees, and receive bonus Units equal to 3% of their monthly cash distributions.