La Quinta Schedules Conference Call to Discuss Second Quarter 2001 Financial Results

Press Release: The La Quinta Companies
August 6, 2001
DALLAS, TX -- The La Quinta Companies (``La Quinta'' or ``the Companies'') (NYSE: LQI) announced Friday that it will report second quarter financial results prior to the open of the market on Thursday, August 9, 2001. At 11:00 AM (EDT) on Thursday, August 9, 2001, La Quinta will hold a conference call and audio web cast to discuss the financial results and the operating strategy of the Companies. In addition, the Companies may answer one or more questions concerning business and financial matters affecting the Companies. Some of the Companies' responses to these questions, as well as other matters which may be discussed during the conference call, may contain or constitute information that has not been previously disclosed.

Simultaneous with the conference call, an audio web cast of the call will be available via a link on the La Quinta website, www.laquinta.com , in the Audio/Webcasts section. The conference call can be accessed by dialing 800-937-6563 (International: 801-983-4013). An access code is not required. A replay of the call will be available at the same Internet address or by dialing 800-839-0860 (International: 402-220-1490) and entering the access code of 1147. The replay will be available from 1:00 PM (EDT) on August 9, 2001 through 1:00 PM (EDT) on August 15, 2001.

About The La Quinta Companies

The La Quinta Companies (NYSE: LQI), headquartered in Dallas, Texas, consist of La Quinta Properties, Inc., a real estate investment trust, and La Quinta Corporation. La Quinta owns, operates or franchises over 300 La Quinta® Inns and Inn & Suites in 29 states. The Companies' real estate holdings also include assisted living and other healthcare facilities. This news release, as well as other information about La Quinta, is available on the Internet at www.laquinta.com .

SOURCE: The La Quinta Companies