AHT Ashford Hospitality Trust Inc

Ashford Hospitality Trust, Inc. (NYSE:AHT) today announced the tax reporting (Federal Form 1099-DIV) information for the 2006 distributions on its common shares and its Series A preferred shares. The income tax treatment for the 2006 distributions for Ashford Hospitality Trust, Inc. Common Stock CUSIP #044103109 traded on the NYSE under ticker symbol �AHT� is as follows: Distribution Type Declaration Dates Record Dates Payable Dates Distributions Per Share Ordinary Taxable Dividend Nontaxable Return of Capital 12-15-05� 12-31-05� 01-16-06� $0.20000� $0.20000� $0.00000� 03-15-06� 03-31-06� 04-17-06� $0.20000� $0.20000� $0.00000� 06-15-06� 06-30-06� 07-17-06� $0.20000� $0.20000� $0.00000� 09-14-06� 09-30-06� 10-16-06� $0.20000� $0.20000� $0.00000� 12-14-06� 12-31-06� 1-15-07� $0.05000� $0.05000� $0.00000� TOTALS $0.85000� � $0.85000� � $0.00000� PERCENT 100.00% � 100.00% � 0.00% 25% of the common share distribution declared in December 2006 and paid out in January 2007 was paid out of Ashford Hospitality Trust, Inc.�s 2006 earnings and profits. Pursuant to Internal Revenue Code Section 857(b)(9), these distributions are required to be included in the taxpayer�s 2006 taxable income. The remaining amount of the distribution paid in January 2007 will be subject to taxation in 2007. The income tax treatment for the 2006 distributions for Ashford Hospitality Trust, Inc. Series A Preferred Stock CUSIP #044103028 on the NYSE traded under ticker symbol �AHT PrA� is as follows: Distribution Type Declaration Dates Record Dates Payable Dates Distributions Per Share Ordinary Taxable Dividend 03-15-06� 03-31-06� 04-17-06� $0.5344� $0.5344� 06-15-06� 06-30-06� 07-17-06� $0.5344� $0.5344� 09-14-06� 09-30-06� 10-16-06� $0.5344� $0.5344� 12-14-06� 12-31-06� 01-15-07� $0.5344� $0.5344� TOTALS $02.1376� � $02.1376� PERCENT 100.00% � 100.00% None of the dividends classified above as ordinary income represent �qualified dividend income� and therefore are not eligible for reduced rates. The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state and local income tax effects of these dividends. Ashford Hospitality Trust is a self-administered real estate investment trust focused on investing in the hospitality industry across all segments and at all levels of the capital structure, including direct hotel investments, first mortgages, mezzanine loans and sale-leasebacks transactions. Additional information can be found on the Company�s web site at www.ahtreit.com.