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LTC PROPERTIES INC Director's Dealing 2004

Feb 18, 2004

31826_dirs_2004-02-18_82c29f72-514b-445b-8043-228fc76c5d1e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LTC PROPERTIES INC (LTC)
CIK: 0000887905
Period of Report: 2004-02-17

Reporting Person: YELLEN SAM (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-02-17 Common Stock S 19600.0000 $15.4408 Disposed 44000.0000 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11153.0000 Indirect

Footnotes

F1: Company contribution/reinvestment of dividend held on shares held in deferred compensation trust. Individuals have no voting rights over such shares.