Exhibit 99.1
The expenses to be incurred by HCP, Inc. relating to the registration and offering of $350 million of aggregate principal amount 4.20% Senior Notes due 2024 pursuant to a Registration Statement on Form S-3 (File No. 333-182824) and a related prospectus supplement filed with the Securities and Exchange Commission on February 14, 2014 is estimated to be as follows:
|
| Estimated |
| |
SEC registration fee |
| $ | 45,000 |
|
Legal fees and expenses |
| 436,000 |
| |
Accounting fees and expenses |
| 150,000 |
| |
Printing fees |
| 35,000 |
| |
Rating agency fees |
| 588,000 |
| |
Total expenses |
| $ | 1,254,000 |
|