Exhibit 99.1
The expenses to be incurred by HCP, Inc. relating to the registration and offering of $600 million of aggregate principal amount 3.400% Senior Notes due 2025 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 January 15, 2015 is estimated to be as follows:
|
| Estimated |
| |
SEC registration fee |
| $ | 70,000 |
|
Legal fees and expenses |
| 523,000 |
| |
Accounting fees and expenses |
| 100,000 |
| |
Printing fees |
| 32,000 |
| |
Rating agency fees |
| 1,047,000 |
| |
Total expenses |
| $ | 1,772,000 |
|