FAIRFIELD, N.J., Jan. 27 /PRNewswire-FirstCall/—Prime Hospitality Corp.`s (NYSE: PDQ) 4th quarter earnings are scheduled to be released on Thursday, February 13, 2003.

The Company invites you to participate in a conference call to review earnings and the 4th quarter performance. The teleconference will be held at 12:00 PM eastern, Thursday, February 13, 2003. It will be hosted by Attilio Petrocelli, Chairman and CEO and Douglas Vicari, Senior Vice President and CFO.

To Participate: 1. Dial In Number: 1-800-603-4335 // 2. Give the operator your name and company affiliation. // 3. The system will connect you with the conference group.

A playback will be available two hours after the completion of the conference call through 2/27/2003. To listen to the tape, call 1-800-642-1687 and enter the conference ID#: 7935496.

If you have any questions about the teleconference please call Colleen O`Hanlon, 973-882-1010.

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