Healthpeak's Dividend Reinvestment and Stock Purchase Plan (the Plan)
offers the following features:
 

• New investors may purchase Healthpeak common stock with a minimum initial purchase of
  $750 and a maximum of $10,000.
• All stockholders may purchase additional shares of stock of between $100 and $10,000 in
  any calendar month.
• All or any part of quarterly stock dividends may be reinvested. The dividend
  reinvestment option may be changed at any time. Stockholders have no minimum or
  maximum limit on the amount of dividends that they reinvest.
• Plan participants may make one-time or automatic monthly investments by authorizing
  Electronic Funds Transfer from banking or checking accounts, an effective ongoing
  means to build their investment.
• Participants have online access to account information and statements.
• Please read the Prospectus, which fully outlines the Plan.

To enroll:

• After reading the Prospectus, contact EQ Shareowner Services, our transfer agent, at
  800-468-9716 for assistance with enrollment.
• You may also enroll in the Plan by visiting www.shareowneronline.com and following the
  instructions in the Prospectus.

Participation in Healthpeak's Dividend Reinvestment and Stock Purchase Plan is an effective means
to build ownership in a premier investment opportunity in health care real estate.