10-K405: Annual report [Sections 13 and 15(d), S-K Item 405]

Published on February 16, 1999



EXHIBIT 21

LIST OF SUBSIDIARIES

OMEGA HEALTHCARE INVESTORS, INC.



JURISDICTION OF
NAMES INCORPORATION
----- ---------------

Bayside Street, Inc. ....................................... Maryland
Delta Investors I, LLC ..................................... Maryland
Delta Investors II, LLC .................................... Maryland
Jefferson Clark, Inc. ...................................... Maryland
OHI (Clemmons), Inc. ....................................... North Carolina
OHI (Florida), Inc. ........................................ Florida
OHI (Greensboro), Inc. ..................................... North Carolina
OHI (Illinois), Inc. ....................................... Illinois
OHI (Iowa), Inc. ........................................... Iowa
OHI (Kansas), Inc. ......................................... Kansas
OS Leasing ................................................. Kentucky
Sterling Acquisition Corp. ................................. Kentucky
Sterling Acquisition Corp. II .............................. Kentucky