Omega Prices $225 Million Senior Note Offering

Omega Healthcare Investors, Inc. OHI today announced the pricing of $225 million aggregate principal amount of 6.75% senior notes due 2022 (the “Notes”). The notes were priced at 98.984% of par value (before initial purchaser's discount). The offering is expected to close on October 4, 2010 subject to customary closing conditions. The Notes will be unsecured senior obligations of the Company and will be guaranteed by each of the Company's subsidiaries that guarantee the Company's existing notes and senior secured revolving credit facility. The Notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States under Regulation S of the Securities Act. The Company will use the net proceeds of the offering to repay borrowings under its senior revolving credit facility, for general corporate purposes and to pay related fees and expenses. The Notes issued in this offering have not been registered under the Securities Act, or any applicable state laws. Accordingly, the Notes may not be offered or sold in the U.S. or to U.S. persons without registration or an applicable exemption under the Securities Act and applicable state securities laws. This notice does not constitute an offer to sell or a solicitation of an offer to purchase any of these securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.