Jameson Inns, Inc. Opens Hotel in Jackson, Tennessee

Company Press Release: Jameson Inns, Inc.
July 27, 2000
ATLANTA, GA -- Atlanta-based Jameson Inns, Inc. (Nasdaq: JAMS), owner of Jameson Inn and Signature Inn hotels, has opened Tennessee's eighth Jameson Inn at 1292 Vann Drive near the I-20, exit 80 interchange in northwestern Jackson, Tennessee. There are currently Jameson Inns in Cleveland, Decherd, Gallatin, Greeneville, Johnson City, Oak Ridge, and Tullahoma.

``We are excited about the expansion in Tennessee as we continue our contiguous growth out from the Southeast,'' stated Tom Kitchin, CEO. ``We currently have three additional locations under construction in Alcoa, Columbia, and Kingsport scheduled to open later on this year.''

The property features three stories with 68 guestrooms and is situated on 1.7 acres of land. Amenities include, a boardroom, pool and fitness center as well as upgraded amenities unique to Jameson's new interior-corridor design: free expanded continental breakfast, larger work stations, irons, two phone lines and voicemail, premium rooms with in-room coffee maker, recliner, microwave and refrigerator, and free newspapers, local calls and HBO.

Jackson is the economic hub of a 12-county area and has been ranked as the sixth best manufacturing location in the United States, a leader in retail sales, and the ninth most active restaurant market per capita. The city is enhanced by a strong Chamber of Commerce as indicated by Site Selection magazine which ranked Team Madison, the county's industry recruitment organization, as one of the 10 best development groups in the world.

For the leisure traveler, Jackson is home to five area colleges, the NAIA Basketball championship, the Miss Tennessee Pageant, and the West Tennessee Diamond Jaxx Double A minor league baseball team affiliated with the Chicago Cubs.

``Jackson is ideal for the Jameson Inn product,'' stated Steve Bond, general manager. ``We are honored to be here contributing to the growth of business and industry.''

Jameson Inns, Inc. is a real estate investment trust that develops and owns the Jameson Inn and Signature Inn brands. The Jameson Inns are colonial- style, limited service hotel properties in the Southeast. Signature Inns are larger, limited service hotel properties primarily in the Midwest. Jameson Inns, Inc. currently has 119 operating inns consisting of 93 Jameson Inns and 26 Signature Inns with over 7,300 rooms. All of the inns are leased to and operated by Jameson Hospitality, LLC that has approximately 3,000 employees. For reservations or a copy of the Jameson Inn directory, call 1-800-JAMESON or visit us on the Web at www.jamesoninns.com .

SOURCE: Jameson Inns, Inc.