Equity Inns to Hold First Quarter 2002 Earnings Conference Call on May 2

Press Release: Equity Inns, Inc.
April 8, 2002
GERMANTOWN, TN -- Equity Inns, Inc. (NYSE: ENN), a hotel real estate investment trust (REIT), Friday announced that it will release first quarter financial results on Thursday, May 2, 2002, prior to the market's opening.

At 11 a.m. ET, the company's senior management team will conduct a conference call to review the financial results, followed by a question and answer period. Participants will include Phillip McNeill, Sr., chairman and CEO; Howard Silver, president and COO; and Donald Dempsey, chief financial officer.

Shareholders and other interested parties may listen to a simultaneous webcast of the earnings conference call by logging onto www.equityinns.com or www.streetevents.com.

A replay of the conference call will be available on the Internet at www.streetevents.com and the company's web site for seven days following the call. A recording of the call also will be available by telephone until midnight, Thursday, May 9, 2002, by calling (800) 642-1687, pass code 3769550.

Equity Inns, Inc. is a self-advised REIT that focuses on the upscale extended stay, all-suite and midscale limited-service segments of the hotel industry. The company owns 96 hotels with approximately 12,300 rooms located in 34 states.

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Contact: 

     Equity Inns, Inc.
     Howard Silver
     901/754-7774
        or
     Daly Gray
     Jerry Daly
     Carol McCune
     703/435-6293