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Press release from PR Newswire

Host Hotels & Resorts, Inc. Announces Extension of Notes Exchange Offer

Friday, January 06, 2012

Host Hotels & Resorts, Inc. Announces Extension of Notes Exchange Offer08:30 EST Friday, January 06, 2012BETHESDA, Md., Jan. 6, 2012 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE: HST) announced today that Host Hotels & Resorts, L.P., for whom the Company acts as sole general partner, has extended the expiration date of its offer to exchange up to $500 million in aggregate principal amount of its outstanding unregistered 5 7/8% Series W Senior Notes due 2019 for its registered 5 7/8% Series X Senior Notes due 2019.(Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO ) The exchange offer was originally scheduled to expire at 5:00 p.m. on Thursday, January 5, 2012, but will now expire at 5:00 p.m. (Eastern Standard Time) on January 11, 2012. As of the close of business on Thursday, January 5, 2012, $499.9 million in aggregate principal amount of Host Hotels & Resorts, L.P.'s 5 7/8% Series W Senior Notes due 2019 had been tendered to the exchange agent by the holders thereof.The exchange agent for the exchange offer is The Bank of New York Mellon, Corporate Trust Operations?Reorganization Unit, Attn: Mr. William Buckley, 101 Barclay Street, Floor 7 East, New York, NY 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 or sale would be unlawful.   SOURCE Host Hotels & Resorts, Inc.For further information: Gregory J. Larson, Executive Vice President Investor Relations, +1-240-744-5800, of Host Hotels & Resorts, Inc.