(SCHE) Southern Cross Healthcare

Wednesday 14 December 2011

Southern Cross Healthcare Group PLC

("Southern Cross", "the Company" or "the Group")

Corporate update and completion of homes transfer

Southern Cross announces that, following receipt of regulatory approvals and finalising of formalities, the last two homes operated by the Company (both in Scotland) have today been transferred to new operators.

This concludes the hand over process announced by the Company in its statement of 27 September 2011 and Southern Cross has now ceased to be an operator of care homes. This exercise, the largest transfer undertaken in the care sector, has been achieved while at the same time providing continuity of care for the residents in homes it previously operated.

The Board expresses, on behalf of all stakeholders, its appreciation for the efforts of the former management and staff of the Company, the vast majority of whom have transferred to new operators, for the integrity and determination they showed in making sure this transfer completed. The forbearance and understanding of the Company's Landlords and Lenders has also been remarkable.

Stephen Taylor, Chairman of Southern Cross, said:

"The smooth transfer of the operations has been achieved by close coordinated effort of Southern Cross staff, Commissioners, landlords and new operators with additional key support from many other parties. Continuity of care and minimising concern for residents has been the priority of the whole team and I am grateful for the part that everyone has played."

-Ends-

Enquiries:

1 November 2011

Southern Cross Healthcare PLC

("Southern Cross", or "the Company" or "the Group")

Completion of third wave of Care Home transfers to new operators

Southern Cross announces that following approval of the relevant regulators, a further 417 care homes have transferred yesterday to new operators bringing the total number of transfers since 30 September to 705. The remaining homes are expected to transfer in mid-November.

Completion of these transfers represents a major step in winding down the Group's operations.

The Company also confirms that today, David Smith, Finance Director, leaves the Southern Cross Board to take up the position of Finance Director of HC-One.

Enquiries:

14 October 2011

Southern Cross Healthcare PLC

("Southern Cross", or "the Company" or "the Group")

Completion of Second Wave of Care Home Transfers to New Operators

Southern Cross announces that, subsequent to the transfer of 250 care homes to new operators on 30 September 2011, a further 38 homes will transfer to new operators on 14 October.

The remaining homes are expected to transfer to new operators by the beginning of November.

Jamie Buchan, Chief Executive of Southern Cross, commented:

"With this second wave, 288 of our homes have now transferred to new operators and we expect to complete the process by early November when the final homes are anticipated to transfer. I would like to thank all those involved for their continued support in ensuring the seamless transition of homes to new operators, prioritising the continuity of quality care to all of our residents."

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