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News and Information Article
IRVING, Texas, June 29 /-FirstCall/ -- FelCor Lodging Trust
Incorporated (NYSE: FCH), one of the nations largest hotel real estate
investment trusts (REITs), today declared its second quarter dividends.
FelCor will pay a dividend of $0.20 per share on its Common Stock, $0.4875
per share on its $1.95 Series A Cumulative Convertible Preferred Stock and
$0.50 per depositary share evidencing its 8% Series C Cumulative Redeemable
Preferred Stock. The second quarter dividends will each be payable on July
28, 2006, to stockholders of record on July 14, 2006.
FelCor is the nations largest owner of full service, all-suite hotels.
FelCors portfolio is comprised of 113 hotels, located in 28 states and
Canada. FelCor owns 65 full service, all-suite hotels, and is the largest
owner of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels.
FelCors hotels are flagged under global brands such as Embassy Suites
Hotels, Doubletree(R), Hilton(R), Sheraton(R), Westin(R) and Holiday
Inn(R). FelCor has a current market capitalization of approximately $3.3
billion. Additional information can be found on the Companys Web site at
http://www.felcor.com .
With the exception of historical information, the matters discussed in
this news release include "forward looking statements" within the meaning
of the federal securities laws that are qualified by cautionary statements
contained herein and in FelCors filings with the Securities and Exchange
Commission.
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