X0303 4 2008-12-08 0000740260 VENTAS INC VTR 0001429381 Reed Robert D. 2200 RIVER PLAZA DRIVE SACRAMENTO CA 95833 1 0 0 0 Common Stock 2008-12-08 4 A 0 27.086 27.69 A 2577.342 D Common Stock in the form of Units granted under the Ventas Nonemployee Director Deferred Stock Compensation Plan (the "Plan") in lieu of Director fees pursuant to the Director's deferral election. Such Units are payable solely in Common Stock and subject to the terms and conditions of the Director's deferral election and the Plan. Robert D. Reed, By: T. Richard Riney, Attorney-In-Fact 2008-12-10