RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANY

EXHIBIT A


RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANY

PART A: TCW ENTITIES

PARENT HOLDING COMPANY:

The TCW Group, Inc.

Robert Day (an individual who may be deemed to control The TCW Group,
Inc.)


RELEVANT SUBSIDIARIES THAT ARE PERSONS DESCRIBED IN RULE 13d-1(b):

(i) Trust Company of the West, a California corporation and a bank as
defined in Section 3(a)(6) of the Securities Exchange Act of 1934.

(ii) TCW Asset Management Company, a California corporation and an
Investment Adviser registered under Section 203 of the Investment Advisers
Act of 1940.

(iii) TCW Funds Management, Inc., a California corporation and an
Investment Adviser registered under Section 203 of the Investment Advisers
Act of 1940.

Note: No Common Stock of LTC Properties, Inc. is held directly by The TCW
Group, Inc. Other than the indirect holdings of The TCW Group, Inc.
no Common Stock of LTC Properties, Inc. is held directly or
indirectly by Robert Day, an individual who may be deemed to control
The TCW Group, Inc.

PART B: NON TCW ENTITIES

PARENT HOLDING COMPANY:

Robert Day (an individual who may be deemed to control the holders
described below which are not subsidiaries of The TCW Group, Inc.)

RELEVANT SUBSIDIARIES THAT ARE PERSONS DESCRIBED IN RULE 13d-1(b):

Oakmont Corporation, a California corporation and an Investment
Adviser registered under Section 203 of the Investment Advisers Act
of 1940.

Cypress International Partners Limited, a British Virgin Islands
corporation and an Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940.



A-1