BETHESDA, Md., March 21 /PRNewswire-FirstCall/ -- Host Marriott Corporation (NYSE: HMT) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock. The dividend is payable on April 15, 2005 to stockholders of record on March 31, 2005.

Host Marriott Corporation also announced that its Board of Directors declared a cash dividend of $0.625 per share for the Company's Class B Cumulative Redeemable Preferred Stock and its Class C Cumulative Redeemable Preferred Stock to stockholders of record on March 31, 2005. A cash dividend of $0.5546875 was declared on its Class E Cumulative Redeemable Preferred Stock for the first quarter of 2005. The preferred dividend is payable on April 15, 2005.

Host Marriott Corporation is a Fortune 500 lodging real estate Company that currently owns or holds controlling interests in upscale and luxury hotel properties primarily operated under premium brands, such as Marriott(R), Ritz-Carlton(R), Four Seasons(R), Fairmont(R), Hilton(R), Hyatt(R), and Westin(R). For further information, please visit the Company's website at http://www.hostmarriott.com.

SOURCE Host Marriott Corporation

CONTACT: Gregory J. Larson, Senior Vice President of Host Marriott Corporation, +1-240-744-5120