LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth Quarter of 2008

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--

LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly common dividend on its common stock for the fourth quarter of 2008.

The Company declared a monthly cash dividend of $0.13 per common share per month for the months of October, November and December 2008, payable on October 31, November 28 and December 31, 2008, respectively, to shareholders of record on October 23, November 20 and December 23, 2008, respectively.

The Company is a self-administered real estate investment trust that primarily invests in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. For more information on LTC Properties, Inc., visit the Company's website at www.ltcproperties.com.

Source: LTC Properties, Inc.

Released October 3, 2008