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

Published on February 16, 1999



NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)

OMEGA HEALTHCARE INVESTORS, INC.

EXHIBIT 21

LIST OF SUBSIDIARIES

OMEGA HEALTHCARE INVESTORS, INC.



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

Bayside Street, Inc. ....................................... Maryland
OHI (Kansas), Inc. ......................................... Kansas
OHI (Illinois), Inc. ....................................... Illinois
OHI (Florida), Inc. ........................................ Florida
OHI (Clemmons), Inc. ....................................... North Carolina
OHI (Greensboro), Inc. ..................................... North Carolina
Sterling Acquisition Corp. ................................. Kentucky
Sterling Acquisition Corp. II............................... Kentucky
OS Leasing.................................................. Kentucky
Omega (UK) Limited.......................................... London, England