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EXHIBIT 21
SIENA HOLDINGS, INC. AND SUBSIDIARIES
CORPORATE STRUCTURE
JUNE 30, 2000
The consolidated structure of the Company is set forth in the following
table which identifies each corporate entity's subsidiaries and shows the state
of incorporation in which each of SHI and its subsidiaries are incorporated.
Each entity is headquartered at 5068 West Plano Parkway, Suite 300, in Plano,
Texas.
<TABLE>
<CAPTION>
State of
Corporation Incorporation
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<S> <C>
Siena Holdings, Inc. (formerly Lomas Financial Corporation)(1)..................................... Delaware
Siena Information Systems, Inc (formerly Lomas Information Systems)............................ Nevada
Siena Management, Inc. (formerly Lomas Management, Inc.)....................................... Nevada
Siena Properties, Inc. (formerly Lomas Properties, Inc.)....................................... Texas
Siena Investment Properties, Inc. (formerly Lomas Investment Properties, Inc.)............. Nevada
Siena Housing Management Corp. (formerly Lomas Housing Management Corp.)....................... Texas
LLG Lands, Inc................................................................................. Arkansas
</TABLE>
Notes to Table of Corporate Structure:
(1) Unless otherwise stated, each affiliated entity is a corporation and is 100
percent owned by the indicated parent company.
