Exhibit 99.1
The expenses to be incurred by HCP, Inc. relating to the registration and offering of $800 million of aggregate principal amount 3.875% 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 August 11, 2014 is estimated to be as follows:
|
| Estimated | |
SEC registration fee |
| $ | 103,000 |
Legal fees and expenses |
| 590,000 | |
Accounting fees and expenses |
| 110,000 | |
Printing fees |
| 35,000 | |
Rating agency fees |
|
| 1,324,000 |
Total expenses |
| $ | 2,162,000 |