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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 Date7/15/2004
Trade Date7/15/2004
Settlement Date7/20/2004
Completion Date7/15/2004
Shelf Filing Date3/23/2004

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

Use of Proceeds
The company will use the net proceeds of this offering for general corporate purposes including investments in and acquisitions of health care properties, the funding of mortgage loans secured by health care properties and payment of various mortgage debt.

UnderwritersShares
Underwritten
Amount
Underwritten
($000)
Placement Agent(s)
  CSCA Capital Advisors, LLC2,640,00062,117

Pricing
Offer Price ($)23.53
Gross Amount Offered ($000)62,117
Amount Including Overallotment ($000)62,117
Shares Offered2,640,000
Total Shares Offered2,640,000
Original Shelf Value ($000)200,000

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


Underwriting Fees
Gross Spread ($)0.42
Gross Spread (%)1.80

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