Notice of Results

CareCapital Group plc
14 February 2007


Embargoed until 0700, 14 February 2007



                             CareCapital Group Plc                              
                        ("CareCapital" or "the Company")                        

                    NOTICE OF RESULTS AND ADOPTION OF IFRS-                     


CareCapital Group Plc (AIM: CARE), the healthcare real estate company, will
report preliminary results for the year to 31 December 2006 on Wednesday, 28
February 2007.

The Company's accounts for the year to 31 December 2006 will be reported using
International Financial Reporting Standards. Under International Accounting
Standard 40, investment property must be recognised in the accounts at fair
value, with revaluation gains and losses being taken directly to the income
statement, as well as being reflected in the balance sheet.

At an operational level the Company expects its results will be in line with
market expectations. However, there will be an uplift in valuation to the
Company's property portfolio which, under IFRS, will result in a non-cash item
appearing on CareCapital's income statement for the period. Current market
forecasts are calculated under UK GAAP and as such, under IFRS CareCapital's
earnings will be ahead of market expectations.

For further information please visit www.carecapital.co.uk or contact:

Tavistock Communications:                                         020 7920 3150
Richard Sunderland or Simon Hudson
[e-mail]


Daniel Stewart & Co. Plc
Lindsay Mair, Director - Corporate Finance                        020 7776 6550

 



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