MARKHAM, ONTARIO -- (MARKET WIRE) -- October 02, 2006 -- Extendicare Inc. (TSX: EXE.A)(TSX: EXE)(NYSE: EXE.A) announced today a dividend declaration by its Board of Directors of $0.05 per Subordinate Voting Share (EXE.A) and $0.025 per Multiple Voting Share (EXE) payable on October 27, 2006, to shareholders of record as at October 12, 2006.