La Quinta Schedules Conference Call

Dallas, Texas (July 25, 2003) - La Quinta Corporation (NYSE: LQI) today announced that it will report second quarter financial results prior to the open of the market on Thursday, July 31, 2003.
At 11:00 AM (EDT) on Thursday, July 31, 2003, La Quinta will hold a conference call and audio webcast to discuss its financial results and business outlook. La Quinta may answer one or more questions concerning business and financial matters affecting the Company, which may contain or constitute information that has not been previously disclosed.
Simultaneous with the conference call, an audio webcast of the call will be available via a link on the La Quinta website, www.LQ.com, in the Investor Relations-Webcasts section. The conference call can be accessed by dialing 800-240-2430 (International: 212-329-1456). An access code is not required. A replay of the call will be available from 1:00 PM (EDT) on July 31, 2003 through 1:00 PM (EDT) on August 7, 2003 by dialing 800-405-2236 (International: 303-590-3000) and entering the access code of 546326. The replay will also be available in the Investor Relations-Webcasts section of the La Quinta website, www.LQ.com.
About La Quinta Corporation:
Dallas-based La Quinta Corporation (NYSE: LQI), a leading limited service lodging company, owns, operates or franchises over 350 La Quinta Inns and La Quinta Inn & Suites in 33 states. Today`s news release, as well as other information about La Quinta, is available on the Internet at www.LQ.com.

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