Extended Stay America, Inc. 4Q 2002 Earnings Report Scheduled For Tuesday, January 28, 2003

Extended Stay America, Inc. (NYSE: ESA) will release its fourth quarter 2002 financial earnings results on Tuesday, January 28, 2003.

To announce the earnings results, the Company will host a live webcast at 9:00 a.m. Eastern Standard Time (EST). The webcast can be accessed via the Company`s web site at www.extendedstay.com in the Investor Information section.

An online replay of the webcast will be archived on the Company`s website approximately two hours after the live presentation and will remain on the site until the Company`s next earnings announcement in April 2003.

Founded in 1995 by George D. Johnson, Jr., CEO, and H. Wayne Huizenga, Chairman of the Board, Extended Stay America, Inc. develops, owns and operates three brands of extended-stay lodging hotels designed for business and personal travelers in need of affordable, high quality accommodations for a week or more.

Selected as a Best Practices Champion by Cornell University`s School of Hotel Administration and named one of America`s 100 Fastest-Growing Companies by Fortune magazine in 1999, 2000 and 2001, Extended Stay America, Inc. currently owns and operates 455 extended stay lodging hotels in 42 states which includes 95 StudioPLUS Deluxe Studios, 321 Extended StayAmerica Efficiency Studios and 39 Crossland Economy Studios facilities.