SUNSTONE HOTEL INVESTORS

Sunstone Hotel Investors, Inc. (NYSE:SHO) is a lodging real estate investment trust (REIT) that, as of the date hereof, has interests in 29 hotels with an aggregate of 13,740 rooms primarily in the upper-upscale segment operated under nationally recognized brands such as Marriott, Hyatt, Hilton, Starwood and Fairmont. The Sunstone team is focused on achieving industry-leading stockholder returns by improving our portfolio quality and scale while gradually deleveraging our balance sheet. Sunstone’s strategy is predicated on: Proactive Portfolio Management: Improving our overall portfolio quality and growth potential through portfolio-wide initiatives such as market complexing and the sale of certain non-strategic assets.