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Capital Offering Profile

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 (NYSE - LTC)  
Company NameLTC Properties, Inc.
Offering TypePreferred Equity
DescriptionPFD SER F
ISINUS5021756078
Currency of IssueUSD
Trading Symbol (Exchange)LTC PRFCL (NYSE)

Announcement Date1/27/2004
Trade Date2/18/2004
Settlement Date2/23/2004
Completion Date2/18/2004
Shelf Filing Date6/27/2003

144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds of the offering will be used to redeem outstanding shares of series A preferred stock and series B preferred stock, including accrued and unpaid dividends through the redemption date and for general corporate purposes.

UnderwritersShares
Underwritten
Amount
Underwritten
($000)
Placement Agent(s)
  CSCA Capital Advisors, LLC4,000,000100,000

Pricing
Offer Price ($)25.00
Gross Amount Offered ($000)100,000
Amount Including Overallotment ($000)100,000
Shares Offered4,000,000
Total Shares Offered4,000,000
Original Shelf Value ($000)200,000

Professionals
Issuer's CounselBallard Spahr LLP
Reed Smith LLP
Auditor(s)Ernst & Young LLP


Underwriting Fees
Gross Spread ($)0.25
Gross Spread (%)1.00

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