FCH Felcor Lodging Trust Incorporated (delisted)

FelCor Announces Preferred Dividends for Fourth Quarter IRVING, Texas, Dec. 20 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated (NYSE:FCH), the nation's second largest public hotel real estate investment trust (REIT), today announced its fourth quarter preferred dividends. FelCor will pay a dividend of $0.4875 per share on its $1.95 Series A Cumulative Convertible Preferred Stock and $0.5625 per depositary share evidencing its 9% Series B Cumulative Redeemable Preferred Stock. The fourth quarter dividends will each be payable on January 28, 2005, to stockholders of record on December 31, 2004. FelCor is the largest owner of full service, all-suite hotels. FelCor's consolidated portfolio is comprised of 145 hotels, located in 32 states and Canada. FelCor owns 69 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 69 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 FelCor'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 SEC. DATASOURCE: FelCor Lodging Trust Incorporated CONTACT: 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 , both of FelCor Lodging Trust Incorporated Web site: http://www.felcor.com/

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