Prime Hospitality Corp.
(R) (NYSE: PDQ), one of the nation`s premier lodging companies, and Rascals
International, Inc., (OTC Bulletin Board: RASC, operator of a chain of U.S.
comedy clubs and an innovator in the comedy industry), today announced the
soon-to-open Rascals Comedy Club at the Philadelphia Hilton at Cherry Hill.
The new location at 2349 West Marlton Pike, Cherry Hill, will serve the
suburban Philadelphia and southern New Jersey market with live comedy nightly
and full-service amenities of a restaurant and bar experience.

Comedy legend David Brenner will officially open the Rascals Comedy Club
at the Philadelphia Hilton at Cherry Hill when he headlines there on December
12, 13 and 14. Tickets and information are available by calling 856-662-9200
or by visiting http://www.rascalscomedyclub.com.

A Philadelphia native, Brenner made his national TV debut on “The Johnny
Carson Show”, is a regular “Letterman” guest, appears on news-oriented
programs with his “current events” wit, and has four HBO specials under his
belt.  He is presently writing his fifth book, “The Best Medicine” which will
be published in Fall 2003.

“We believe that the Philadelphia Hilton at Cherry Hill location provides
a complementary mix of hotel guests and local patrons that will lead to
ongoing (booking) success,” stated Ed Rodriguez, Chief Executive Officer,
Rascals International Inc.  “As we continue to build in the hotel marketplace,
we more readily recognize attractive demographics and ideal locations to serve
markets in need of alternative entertainment and dining.”

“Introducing Rascals as a hotel-based comedy club offers Prime Hospitality
a clear differentiator in the competitive geographic area,” said George
Hellen, Vice President, Food & Beverage for Prime Hospitality.  “Providing
top-tier live comedy to our hotel guests and introducing the Hilton`s dining
experience to the local community will positively impact business for our
facilities.  Combining Rascals` regional marketing effort and their ability to
draw top-named performers with the hotel`s superb dining facilities, we expect
to attract renewed interest in the Philadelphia Hilton at Cherry Hill.”

In addition to regularly scheduled performances in the Rascals Comedy Club
(Thursday thru Sunday), private performances for groups and conference
attendees will be offered to event and/or corporate organizers.  “Rascals will
add another terrific hotel amenity to a list that already includes 408 well-
appointed guest rooms and suites, a Fitness Center, an Olympic-size swimming
pool, a HHonors Concierge Level, and over 40,000 square feet of conference and
banquet facilities including two newly-renovated ballrooms,” said Ernie
Taddei, Vice President, Prime Hospitality Sales & Marketing.

Prime Hospitality Corp., one of the nation`s premiere lodging companies,
owns, manages, develops and franchises 240 hotels throughout the United
States. The Company owns and operates two proprietary brands, AmeriSuites(R)
(all-suites) and Wellesley Inns & Suites(R) (limited-service). Also within
Prime`s portfolio are owned and/or managed hotels operated under franchise
agreements with national hotel chains including Hilton, Radisson, Sheraton,
Holiday Inn and Ramada. Prime can be accessed over the internet at
http://www.primehospitality.com and its brands can be accessed at http://www.amerisuites.com
and http://www.wellesleyonline.com.

Rascals International operates a chain of comedy clubs including its
flagship club in West Orange, NJ, as well as in Ocean Township, NJ, and in
downtown Phoenix, Arizona at the Crowne Plaza Hotel.  Rascals is scheduled for
further expansion with a club set to open shortly in the Philadelphia suburb
of West Chester, PA.  The Company also leases its content library of nearly
400 hours of top name comedians. Corporate offices are headquartered in East
Orange, New Jersey. For more information, visit its corporate website,
http://www.rascalscomedyclub.com.

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