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Calan Respond to Takeover Notice

31 January, 2006


Calan Respond to Takeover Notice

Statement made by Bruce Davidson, Chairman,
Calan Healthcare Properties Limited

Calan Healthcare Properties Trust (Calan) today, January 31, 2006, received a Restricted Transfer Notice from ING Property Trust Investments Limited setting out its intention to make a full takeover offer for Calan.

The directors of Calan will make a full response to the Notice shortly but restate their previous recommendation to unitholders to take no action until directors have received an independent appraisal report and make a consequent recommendation to the market.

ENDS

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