LTC Announces Appointment of Vice President, Marketing and Strategic Planning

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

LTC Properties, Inc. (NYSE:LTC) today announced the appointment of T. Andrew Stokes as Vice President, Marketing and Strategic Planning, effective June 8, 2007.

Mr. Stokes is based in Westlake Village and has overall responsibility for generating new business. He will market to LTC's current customers and initiate new investment programs and new customer relationships.

Mr. Stokes joins LTC with over 20 years' experience in marketing and negotiating health care real estate deals throughout the U.S. Prior to joining LTC, Mr. Stokes spearheaded new business activities for Nationwide Health Properties, Inc. (NYSE:NHP) for 10 years. In that role he supervised over $1 billion in deals including the successful construction and permanent financing of over 50 newly constructed facilities.

Wendy L. Simpson, LTC's CEO and President, commented, "Andy will bring renewed energy and a unique combination of technical competence and health care industry knowledge to our new property and business development efforts. He has succeeded with all types of health related real estate and possesses a broad, deep network of industry contacts in the U.S. and Canada. Andy, who is also a CPA, has demonstrated success in developing new business through structuring creative deals to meet the specialized needs of individual health care operators."

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.