Host Marriott Corporation Announces Quarterly Dividends on Preferred Shares

BETHESDA, MD; June 17, 2002 - Host Marriott Corporation (NYSE:HMT) announced today that its
Board of Directors declared a regular cash dividend of $0.625 per share on its Class A Cumulative
Redeemable Preferred Stock, Class B Cumulative Redeemable Preferred Stock and Class C
Cumulative Redeemable Preferred Stock for the second quarter of 2002. The dividend is payable on
July 15, 2002 to shareholders of record at the close of business on June 28, 2002.
Host Marriott Corporation is a Fortune 500 lodging real estate company, which owns 122
upscale and luxury full-service hotel properties primarily operated under Marriott, Ritz-Carlton, Four
Seasons, Hyatt, Hilton and Swiss™tel brand names. For further information on Host Marriott
Corporation, please visit the Company’s website at