Winston Announces Date for Third Quarter

Winston Hotels, Inc. (NYSE: WXH), today announced that the Company will announce financial results for the third quarter ended September 30, 2003 prior to the opening of the market on Wednesday, November 5, 2003.
Also, on November 5th at 10:00 a.m. (EST) Winston Hotels, Inc. will host a conference call to discuss the results. To hear the call in a listen-only mode, please dial 888-423-3280. Please state that you are dialing into the Winston Hotels, Inc. third quarter results call. A replay of the call will be available for seven days after the call by dialing 800-475-6701 access code #703697.
The call can also be accessed via the Internet live or as a replay at www.winstonhotels.com. The conference call will be available for replay on the Company`s web site shortly after the call and for 30 days thereafter.
About the Company
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Raleigh, North Carolina-based Winston Hotels, Inc. is a real estate investment trust specializing in the development, acquisition, repositioning and active asset management of premium limited-service, upscale extended-stay and full-service hotels, with a portfolio increasingly weighted toward the leading brands in the lodging industry`s upscale segment. The company currently owns or is invested in 50 hotels with an aggregate of 6,999 rooms in 16 states, which includes: 44 wholly owned properties with an aggregate of 6,141 rooms; a 49 percent ownership interest in two joint venture hotels with an aggregate of 296 rooms; a 57.65 percent ownership interest in one joint venture hotel with 157 rooms; and a 13.05 percent ownership interest in three joint venture hotels with an aggregate of 405 rooms. The company also has issued mezzanine loans to owners of three hotels with an aggregate of 391 rooms. The company does not hold an ownership interest in any of the hotels for which it has provided mezzanine financing. For more information about Winston Hotels, visit the Winston Hotels Web site at www.winstonhotels.com.

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