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Chartwell Seniors Housing REIT: Chartwell REIT Announces Intention Not To Participate Further In RRR Strategic Review Process

Fri, 12 May 2006 8:11:00 PDT

MISSISSAUGA, ONTARIO (MARKET WIRE) Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) announced today that it has informed the Special Committee of the Board of Trustees of Retirement Residences Real Estate Investment Trust ("RRR") that Chartwell does not intend to participate further in RRR's current strategic review process.

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