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FOR IMMEDIATE RELEASE

For Information Contact:
Dennis Lehman, CFO
(703) 277-7036

                FORUM GROUP INCREASES OFFER FOR FORUM RETIREMENT
                   PARTNERS UNITS TO $2.83 AND EXTENDS OFFER

         Fairfax, Virginia, October 16, 1995 -- Forum Group, Inc. (NASDAQ Small
Cap:FOUR) announced today that, following discussions with representatives of a
Special Committee of the Board of Directors of Forum Retirement, Inc., the
general partner of Forum Retirement Partners, L.P. (AMEX:FRL), Forum Group
increased the offer price in its cash tender offer for any and all outstanding
units representing limited partners' interests in Forum Retirement Partners
from $2.50 to $2.83 per unit, net to the seller in cash.

         Based upon the unanimous recommendation of the Special Committee
comprised of the independent members of the Board of Directors of Forum
Retirement, Inc., the Board of Directors of Forum Retirement, Inc. (with the
director affiliated with Forum Group abstaining) has determined that the $2.83
offer is fair to unitholders (other than Forum Group and its affiliates) and
recommends that unitholders accept the $2.83 offer and tender all of their
units pursuant to the offer.  An independent investment banking firm retained 
by the Special Committee has advised the Special Committee that the cash 
consideration to be received by unitholders (other than Forum Group and its 
affiliates) pursuant to the tender offer is fair to such unitholders, from a 
financial point of view.

         In connection with the increase in the offer price, the offer has been
extended and will now expire at 12:00 midnight, New York City time, on Friday,
November 10, 1995, unless further extended.

         Forum Group expects to file with the Securities and Exchange
Commission later today a supplement to the Offer to Purchase which was
previously filed with the Commission and mailed to unitholders in connection
with the tender offer.  Copies of the Supplement, together with the Schedule
14D-9 Solicitation/Recommendation Statement to be filed by Forum Retirement
Partners with the Commission, will also be mailed to unitholders.  The
Supplement and the Schedule 14D-9 contain important information concerning the
tender offer and the recommendation of the Board of Directors of the Forum
Retirement, Inc.

         Procedures for tendering units are set forth in the Offer to Purchase
previously mailed to unitholders.  Tendering unitholders should continue to use
the Letter of Transmittal and the Notice of Guaranteed Delivery delivered with
the Offer to Purchase.  Unitholders who have already tendered units using the
Letter of Transmittal need not complete another Letter of Transmittal or take
any additional action.  All units validly tendered, including units already
tendered, and not withdrawn prior to the expiration of the offer will be
purchased at the $2.83 per unit price, assuming the tender offer is
consummated.

         MacKenzie Partners, Inc. is acting as Information Agent for the tender
offer and American Stock Transfer & Trust Company is the Depositary.

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