  We provide the first age estimates for two recently discovered white
dwarf-red subdwarf systems, LHS 193AB and LHS 300AB. These unusual systems
provide a new opportunity for linking the reliable age estimates for the white
dwarfs to the (measurable) metallicities of the red subdwarfs. We have obtained
precise photometry in the $V_{J}R_{KC}I_{KC}JH$ bands and spectroscopy covering
from 6000\AA to 9000\AA for the two new systems, as well as for a comparison
white dwarf-main sequence red dwarf system, GJ 283 AB. Using model grids
available in the literature, we estimate the cooling age as well as
temperature, surface gravity, mass, progenitor mass and {\it total} lifetimes
of the white dwarfs. The results indicate that the two new systems are probably
ancient thick disk objects with ages of at least 6-9 Gyr. We also conduct
searches of red dwarf and white dwarf compendia from SDSS data and the
L{\'e}pine Shara Proper Motion (LSPM) catalog for additional common proper
motion white dwarf-red subdwarf systems. Only seven new candidate systems are
found, which indicates the rarity of these systems.
