Host Marriott Corporation announced today that Host Marriott, L.P., for
whom the Company acts as sole general partner, has extended the expiration
date of its offer to exchange up to $725 million in aggregate principal
amount of its registered 7 1/8% Series K Senior Notes due 2013 for its
outstanding unregistered 7 1/8% Series J Senior Notes due 2013.

The exchange offer was originally scheduled to expire at 5:00 p.m. on
Wednesday, February 4, 2004, but will now expire at 5:00 p.m. (Eastern
Standard Time) on Thursday, February 12, 2004. As of the close of business
on February 4, 2004, $724 million in aggregate principal amount of Host
Marriott, L.P.`s outstanding unregistered 7 1/8% Series J Senior Notes due
2013 had been tendered to the exchange agent by the holders thereof.

The exchange agent for the exchange offer is The Bank of New York,
Reorganization Unit, Attn: William Buckley, 101 Barclay Street, 7E, New
York, New York 10286. For information, call (212) 815-5788.

This press release shall not constitute an offer to sell or a solicitation
of an offer to buy any security and shall not constitute an offer,
solicitation or sale of any securities in any jurisdiction where such an
offering sold would be unlawful.

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