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Press release from PR Newswire

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

Monday, June 18, 2012

Host Hotels & Resorts, Inc. Announces Extension Of Notes Exchange Offer08:45 EDT Monday, June 18, 2012BETHESDA, Md., June 18, 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 $300 million in aggregate principal amount of its outstanding unregistered 6% Series Y Senior Notes due 2021 for its registered 6% Series Z Senior Notes due 2021.(Logo:  http://photos.prnewswire.com/prnh/20060417/HOSTLOGO )The exchange offer was originally scheduled to expire at 5:00 p.m. on Friday, June 15, 2012, but will now expire at 5:00 p.m. (Eastern Daylight Time) on June 21, 2012. As of the close of business on Friday, June 15, 2012, $298.8 million in aggregate principal amount of Host Hotels & Resorts, L.P.'s 6% Series Y Senior Notes due 2021 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. David Mauer, 101 Barclay Street, Floor 7 East, New York, NY 10286. For information, call (212) 815-3687.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, +1-240-744-5120, or Gee Lingberg, Vice President, +1-240-744-5275