Authorization

Ventas Announces Public Offering of Common Stock

Ventas, Inc. (NYSE: VTR) ("Ventasa?? or the "Companya??) announced today it
has commenced an underwritten registered public offering of 11,000,000
shares of its common stock. In addition, the Company intends to grant
the underwriters a 30-day option to purchase up to an additional
1,650,000 shares of its common stock.


The Company intends to use the net proceeds from the offering to fund a
portion of its pending acquisition of substantially all of a CAD$2.4
billion seniors housing portfolio in Quebec, Canada in partnership with
Le Groupe Maurice. The Company intends to use any net proceeds not used
for such purpose, including if the acquisition is not completed, for
working capital and other general corporate purposes, which may include
funding acquisitions and investments or repaying indebtedness.


Morgan Stanley, Citigroup, and J.P. Morgan are the joint book-running
managers for the offering.


The offering is being made pursuant to the Companya??s existing shelf
registration statement, which became automatically effective upon filing
with the Securities and Exchange Commission. A prospectus supplement and
accompanying prospectus describing the terms of the offering will be
filed with the Securities and Exchange Commission. When available,
copies of the prospectus supplement and the accompanying prospectus may
be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus
Department -A 180 Varick Street, 2nd Floor - New York, NY 10014;
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, or by telephone at
1-800-831-9146; or J.P. Morgan Securities LLC, Attention: Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717,
telephone: 1-866-803-9204.


This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sales of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of such jurisdiction.
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