FelCor Announces Year End Earnings Release Date and Conference Call IRVING, Texas, Jan. 8 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced that it will release its year end financial results after the close of the market on Wednesday, February 4, 2004, to be followed by a conference call at 10:00 a.m. (Central Standard Time) on Thursday, February 5, 2004. The conference call can be accessed by dialing 416-695-9610. The conference call will include a brief discussion of year end financial results by Thomas J. Corcoran, Jr., FelCor's President and CEO, and Richard J. O'Brien, its Executive Vice President and Chief Financial Officer. The Company's financial results will be followed by questions and answers. Interested investors and other parties may listen to the simultaneous webcast of the conference call by logging on to the Company's Web site at http://www.felcor.com/ , choosing "FelCor News" and selecting the microphone icon. In addition, a phone replay has been arranged, which will be available from Thursday, February 5, 2004, at 12:00 p.m. (Central Standard Time) through Friday, February 27, 2004, at 7:00 p.m. (Central Standard Time) by dialing 416-695-5795 (access code is 2041). The conference call replay also will be accessible on the Company's Web site. FelCor is the nation's second largest lodging REIT and the nation's largest owner of full service, all-suite hotels. FelCor's portfolio is comprised of 161 hotels, located in 33 states and Canada. FelCor owns 71 full service, all-suite hotels, and is the largest owner of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels. FelCor's portfolio also includes 77 hotels in the upscale and full service segments. FelCor has a current market capitalization of approximately $3.1 billion. Additional information can be found on the Company's Web site at http://www.felcor.com/ . With the exception of historical information, the matters discussed in this news release include "forward looking statements" within the meaning of the federal securities laws that are qualified by cautionary statements contained herein and in FelCor's filings with the Securities and Exchange Commission. DATASOURCE: FelCor Lodging Trust Incorporated CONTACT: Monica L. Hildebrand, Vice President of Communications, +1-972-444-4917, or , or Stephen A. Schafer, Director of Investor Relations, +1-972-444-4912, or , both of FelCor Lodging Trust Incorporated Web site: http://www.felcor.com/

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