X0201 4 2004-03-25 0 0000887905 LTC PROPERTIES INC LTC 0001228713 DUNN DAVID J 9255 TOWNE CENTRE DRIVE SUITE 925 SAN DIEGO CA 92121 0 0 1 0 0001120514 DUNN FAMILY TRUST 9255 TOWNE CENTRE DRIVE SUITE 925 SAN DIEGO CA 92121 0 0 1 0 Series A Cumulative Preferred 2004-03-25 4 J 0 23434.0000 25.1583 D 0 I By Family Trust Common 2004-03-25 4 S 0 50000.0000 17.5000 D 1243500.0000 I By Idanta Partners Common 2004-03-25 4 S 0 50000.0000 17.5000 D 1072300.0000 I By Family Trust Series B Cumulative Preferred 50000.0000 I By Family Trust Common 50000.0000 D Common 118000.0000 I By Retirement Plan Common 68600.0000 I By Family Partnership The reported securities were called for redemption by the issuer at a price equal to their face value of $25 with $0.1583 being attributable to accrued but unpaid dividends. These securities are owned solely by the Dunn Family Trust, David J. Dunn, Trustee. Pursuant to General Instruction 4(b)(iv) of Form 4, the undersigned, David J. Dunn as Trustee of the Trust which is a general partner of Idanta Partners, Ltd. ("Idanta") is reporting the entire amount of Idanta's holdings of securities of the Company. The undersigned disclaims beneficial ownership of all but his proportionate interest in such securities. These shares represent the total shares held jointly by David J. Dunn and his spouse. Mr. Dunn disclaims beneficial ownership of his spouse's one-half interest in these securities. Pursuant to General Instruction 4(b)(iv) of Form 4, the undersigned, David J. Dunn, is a participant in the Idanta Partners Ltd. Retirement Plan, and is reporting the entire amount of the Retirement Plans's holdings of securities of the Company. The undersigned disclaims beneficial ownership of all but his proportionate interest in such securities. Pursuant to General Instruction 4(b)(iv) of Form 4, the undersigned, David J. Dunn is a limited partner of the Steven Dunn Family Partners Limited Partnership whose holdings of the Company are being reported here in their entirety. The undersigned disclaims beneficial ownership of all but his proportionate interest in such securities. David J. Dunn 2004-03-26 David J. Dunn, Trustee 2004-02-02