EX-99.1

Exhibit 99.1

(1)The amount reported includes an aggregate of 4,546,596 shares of common stock of Emeritus Corporation (the “Issuer”) that are owned of record by AP Summerville, LLC (“APS”) and Apollo Real Estate Investment Fund III, L.P. (“AREIF III”), following AREIF III’s sale of 100,000 shares on December 10, 2009.  Kronus Property III, Inc. (“Kronus III”) serves as the manager of APS.  Apollo Real Estate Management III, L.P. (“AREM III LP”) is the manager of AREIF III.  Apollo Real Estate Management III, Inc. (“AREM III Inc.”) is the general partner of AREM III LP.  Apollo Real Estate Advisors III, L.P. (“AREA III”) is the general partner of AREIF III.  Apollo Real Estate Capital Advisors III, Inc. (“ARECA III”, and together with APS, AREIF III, Kronus III, AREM III LP, AREM III Inc., AREA III, ARECA III, the “Apollo III Funds”) is the general partner of AREA III.  The Apollo III Funds, the executive officers and directors and principals, as the case may be, of AREM III Inc. and ARECA III, and the executive officers and directors and principals, as the case may be, of Kronus III, disclaim beneficial ownership of all shares of the Issuer reported herein in excess of their pecuniary interests, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

The amount reported does not include the 3,054,504 aggregate shares of common stock of the Issuer that are owned of record by AP Summerville II, LLC (“APS II”) and Real Estate Investment Fund IV, L.P. (“AREIF IV”).  Kronus Property IV, Inc. (“Kronus IV”) serves as the manager of APS II.  Apollo Real Estate Management IV, L.P. (“AREM IV LP”) is the manager of AREIF IV.  Apollo Real Estate Management IV, Inc. (“AREM IV Inc.”) is the general partner of AREM IV LP.  Apollo Real Estate Advisors IV, L.P. (“AREA IV”) is the general partner of AREIF IV.  Apollo Real Estate Capital Advisors IV, Inc. (“ARECA IV” , and together with APS II, AREIF IV, Kronus IV, AREM IV LP, AREM IV Inc., AREA IV, ARECA IV, the “Apollo IV Funds”) is the general partner of AREA IV.  The Apollo IV Funds, the executive officers and directors and principals, as the case may be, of AREM IV Inc. and ARECA IV, and the executive officers and directors and principals, as the case may be, of Kronus IV, disclaim beneficial ownership of all shares of the Issuer reported herein in excess of their pecuniary interests, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

EX-99.2

Exhibit 99.2

This Statement on Form 4 is filed jointly by AP Summerville, LLC, Apollo Real Estate Investment Fund III, L.P., Kronus Property III, Inc., Apollo Real Estate Management III, L.P., Apollo Real Estate Advisors III, L.P., Apollo Real Estate Management III, Inc., Apollo Real Estate Capital Advisors III, Inc., AP Summerville II, LLC, Apollo Real Estate Investment Fund IV, L.P., Kronus Property IV, Inc., Apollo Real Estate Management IV, L.P., Apollo Real Estate Advisors IV, L.P., Apollo Real Estate Management IV, Inc., and Apollo Real Estate Capital Advisors IV, Inc.  The principal business address of each of the Reporting Persons is c/o AREA Property Partners LP, Two Manhattanville Road, Suite 203, Purchase, New York 10577.

Name of Designated Filer:  Apollo Real Estate Advisors III, L.P.

Date of Event Requiring Statement:  December 10, 2009

Issuer Name and Ticker or Trading Symbol: Emeritus Corporation (ESC)

AP SUMMERVILLE, LLC
By:	KRONUS PROPERTY III, INC.
	Its Manager
	By:	/s/ Stuart Koenig
		Name:		Stuart Koenig
		Title:		Vice President
KRONUS PROPERTY III, INC.
By:	/s/ Stuart Koenig
		Name:		Stuart Koenig
		Title:		Vice President
APOLLO REAL ESTATE INVESTMENT FUND III, L.P.
By:	APOLLO REAL ESTATE ADVISORS III, L.P.
	Its General Partner
	By:	APOLLO REAL ESTATE CAPITAL ADVISORS III, INC.
		Its General Partner
		By:	/s/ Stuart Koenig
			Name:		Stuart Koenig
			Title:		Vice President
APOLLO REAL ESTATE ADVISORS III, L.P.
By:	APOLLO REAL ESTATE CAPITAL ADVISORS III, INC.
	Its General Partner
	By:	/s/ Stuart Koenig
		Name:		Stuart Koenig
		Title:		Vice President

APOLLO REAL ESTATE CAPITAL ADVISORS III, INC.
By:	/s/ Stuart Koenig
	Name:		Stuart Koenig
	Title:		Vice President
APOLLO REAL ESTATE MANAGEMENT III, L.P.
By:	APOLLO REAL ESTATE MANAGEMENT III, INC.
	Its General Partner
	By:	/s/ Stuart Koenig
		Name:		Stuart Koenig
		Title:		Vice President
APOLLO REAL ESTATE MANAGEMENT III, INC.
By:	/s/ Stuart Koenig
	Name:		Stuart Koenig
	Title:		Vice President
AP SUMMERVILLE II, LLC
By:	KRONUS PROPERTY IV, INC.
	Its Manager
	By:	/s/ Stuart Koenig
		Name:		Stuart Koenig
		Title:		Vice President
KRONUS PROPERTY IV, INC.
By:	/s/ Stuart Koenig
	Name:		Stuart Koenig
	Title:		Vice President

APOLLO REAL ESTATE INVESTMENT FUND IV, L.P.
By:	APOLLO REAL ESTATE ADVISORS IV, L.P.
	Its General Partner
	By:	APOLLO REAL ESTATE CAPITAL ADVISORS IV, INC.
		Its General Partner
		By:		/s/ Stuart Koenig
						Name:	Stuart Koenig
						Title:	Vice President
APOLLO REAL ESTATE ADVISORS IV, L.P.
By:	APOLLO REAL ESTATE CAPITAL ADVISORS IV, INC.
	Its General Partner
	By:	/s/ Stuart Koenig
		Name:			Stuart Koenig
		Title:			Vice President
APOLLO REAL ESTATE CAPITAL ADVISORS IV, INC.
By:	/s/ Stuart Koenig
	Name:		Stuart Koenig
	Title:		Vice President
APOLLO REAL ESTATE MANAGEMENT IV, L.P.
By:	APOLLO REAL ESTATE MANAGEMENT IV, INC.
	Its General Partner
	By:	/s/ Stuart Koenig
		Name:			Stuart Koenig
		Title:			Vice President
APOLLO REAL ESTATE MANAGEMENT IV, INC.
By:	/s/ Stuart Koenig
	Name:		Stuart Koenig
	Title:		Vice President