Winston Announces Date for Third Quarter

Winston Hotels, Inc. (NYSE: WXH), today announced that the Company will announce financial results for the third quarter ended September 30, 2002 prior to the opening of the market on Wednesday, November 6, 2002.
Also, on November 6th at 10:00 a.m. (EDT) Winston Hotels, Inc. will host a conference call to discuss the results. To hear the call in a listen-only mode, please dial 800-230-1951, 10 minutes prior to the start time. Please state that you are dialing into the Winston Hotels, Inc. third quarter results call. A replay of the call will be available for seven days after the call by dialing 800-475-6701 access code #656255.

The call can also be accessed via the Internet live or as a replay at The conference call will be available for replay on the Company`s web site shortly after the call and for 30 days thereafter.

Raleigh, North Carolina-based Winston Hotels, Inc., is a real estate investment trust specializing in the development, acquisition and rehabilitation of premium limited-service, high-end extended-stay and full-service hotel properties, with a portfolio increasingly weighted toward the leading brands in the lodging industry`s upscale segment. The Company currently owns or is invested in 53 hotels with 7,273 rooms in 16 states, which includes: 46 wholly-owned properties with 6,330 rooms, a 49 percent ownership interest in 3 joint venture hotels with 453 rooms; a 50 percent ownership interest in two joint ventures hotels with 215 rooms; and a mezzanine financing interest in 2 hotels with 275 rooms.
For more information on Winston Hotels visit the Winston Hotels page at .