FCH Felcor Lodging Trust Incorporated (delisted)

FelCor Announces Resignation of Chief Financial Officer IRVING, Texas, April 27 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced the resignation of Richard J. O'Brien, its Executive Vice President and Chief Financial Officer since 2001. Mr. O'Brien left FelCor to pursue other opportunities as of April 23, 2004. "Rick joined FelCor almost three years ago and during his tenure provided many positive contributions to the company, including substantial improvements to financial measurements, management of external communications, and excellent liquidity for the Company's growth," said Thomas J. Corcoran, Jr., FelCor's President and CEO. "We wish Rick continued success in his future endeavors." FelCor is the nation's second largest lodging REIT and the largest owner of full service, all-suite hotels. FelCor's consolidated portfolio is comprised of 156 hotels, located in 33 states and Canada. FelCor owns 71 upscale, all-suite hotels, and is the owner of the largest number of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels in the U.S. FelCor's portfolio also includes 74 hotels in the upscale and full service segments. FelCor has a current market capitalization of approximately $3.0 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. Forward looking statements are not guarantees of future performance. Numerous risks and uncertainties, and the occurrence of future events, may cause actual results to differ materially from those currently anticipated. Certain of these risks and uncertainties are described in our filings with the Securities and Exchange Commission. Although we believe our current expectations to be based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that actual results will not differ materially. DATASOURCE: FelCor Lodging Trust Incorporated CONTACT: Thomas J. Corcoran, Jr., President and CEO, +1-972-444-4901, or , or Monica L. Hildebrand, Vice President of Communications, +1-972-444-4917, or , or Stephen A. Schafer, Vice President of Investor Relations, +1-972-444-4912, or , all of FelCor Lodging Trust Incorporated Web site: http://www.felcor.com/

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