Joining FelCor are: 

Andrew J. Welch as vice president and treasurer; Joel M. Eastman as vice president and senior real estate counsel; Michael L. Hunter as vice president of tax; and David Noll as vice president and director of real estate management. 

Welch (age 36) is a financial veteran with more than 14 years of banking and corporate finance experience. His responsibilities include maintaining close relations with the various capital markets, as well as financial planning and treasury management. Prior to joining FelCor, Mr. Welch was vice president and treasurer for Bristol Hotel Company, which was merged into FelCor on July 28, 1998. While at Bristol, he completed financial transactions totaling more than $1.5 billion. For approximately 13 years prior to joining Bristol, Mr. Welch worked in corporate and investment banking with Bank of America, Citibank and NationsBank. He received a bachelor's degree in business administration from the University of Kansas and a master's degree in business administration from Southern Methodist University. 

Eastman (age 47) has more than 20 years experience in commercial real estate law. His responsibilities include the legal aspects of the acquisition, ownership and disposition of FelCor's hotels, as well as assisting the company's general counsel with the corporate and securities matters of FelCor. Prior to joining FelCor, Mr. Eastman was general counsel at Bristol. While at Bristol, Mr. Eastman managed legal matters in connection with Bristol's initial public offering, and its subsequent growth from 40 hotels to more than 100 hotels. He received an undergraduate degree from the University of Florida, a juris doctor degree from Southern Methodist University School of Law, and is board certified in Commercial Real Estate by the Texas Board of Legal Specialization. 

Hunter (age 41) has been in the hospitality and real estate industry for more than 20 years. As vice president of tax, Mr. Hunter is responsible for the administration of ad valorem taxes, including the appeal and negotiation of real estate and personal property tax assessments. Prior to joining FelCor, Mr. Hunter was property tax manager for Bristol. He is a member of the Institute of Professionals in Taxation and the International Association of Assessing Officers. 

Noll (age 53) brings more than 30 years of general business, hospitality and real estate experience to FelCor. Mr. Noll is responsible for managing FelCor's certain hotel and non-hotel real estate assets. Previously, he was director of asset management for Bristol. 

"The addition of these individuals, with extensive lodging industry experience in finance and real estate, reflects FelCor's belief that success in the lodging industry can best be achieved by executives with industry- specific experience," said Thomas J. Corcoran, Jr., FelCor's President and CEO. 

FelCor Lodging Trust Incorporated is one of the nation's largest hotel REITs. Since its initial public offering in 1994 with six hotels and 1,479 suites, FelCor's portfolio has grown to 193 hotels with nearly 50,000 rooms and suites. The company's hotel portfolio is concentrated in the upscale, all-suite upscale and full-service segments. FelCor is the owner of the largest number of Embassy Suites(R), Crowne Plaza(R) and Holiday Inn(R)- branded hotels. Other leading hotel brands under which FelCor's hotels are operated include Doubletree Guest Suites(R), Doubletree(R), Sheraton Suites(R), and Sheraton(R). FelCor has a current market capitalization of approximately $3.3 billion.