BETHESDA, MD; August 12, 2003 - Host Marriott Corporation (NYSE:HMT) announced that
yesterday, after the market closed, the Company agreed to issue and sell 27.5 million shares of its
common stock at a price to the public of $9.25 per share pursuant to a prospectus supplement to the
prospectus filed as part of the Company’s universal shelf registration on Form S-3 dated January 9,
2002. Goldman, Sachs & Co. is acting as the lead underwriter and Citigroup and Bear Stearns &
Co. Inc. are acting as co-managers for this transaction.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the securities referred to herein in any state in which such offer,
solicitation or sale would be unlawful. A written prospectus meeting the requirements of Section 10
of the Securities Act of 1933 may be obtained from Gregory J. Larson, Host Marriott Corporation,
6903 Rockledge Drive, Bethesda, Maryland 20817.
Host Marriott Corporation is a Fortune 500 lodging real estate company, which owns 120
upscale and luxury full-service hotel properties primarily operated under Marriott, Ritz-Carlton,
Four Seasons, Hyatt and Hilton brand names.