DiamondRock Hospitality Announces Tax Treatment of Its 2007 Dividends

BETHESDA, Md., Jan. 28 /PRNewswire-FirstCall/ -- DiamondRock Hospitality Company ("DiamondRock") (NYSE: DRH), a real estate investment trust, announced today the following tax treatment of its 2007 distributions.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20040708/DCTH028 )

    Common Shares (CUSIP Numbers: 252784 301, 252784 103, 252784 202, U25268
    100)

                                                  2007 Taxable Dividends

                                                                 Taxable as
                                Total Cash       Taxable as       Qualified
                               Distribution    Ordinary Income     Dividend
   Record Date  Payable Date    per Share        per Share        per Share

    12/21/06      1/4/07        $0.117356        $0.097598        $0.002075

     3/23/07      4/2/07        $0.240000        $0.199594        $0.004243

     6/15/07     6/22/07        $0.240000        $0.199594        $0.004243

      9/7/07     9/18/07        $0.240000        $0.199594        $0.004243


                                       2007 Capital           2007 Non-Taxable
                                      Gains Dividends             Dividends

                                                 Taxable as
                                Taxable as      Unrecaptured      Return of
                               Capital Gain    Sec. 1250 Gain      Capital
   Record Date  Payable Date    per Share        per Share        per Share

    12/21/06      1/4/07        $0.002491        $0.002611        $0.012581

     3/23/07      4/2/07        $0.005095        $0.005339        $0.025729

     6/15/07     6/22/07        $0.005095        $0.005339        $0.025729

      9/7/07     9/18/07        $0.005095        $0.005339        $0.025729

A total of 34.8023% (or $0.062644 per share) of the distributions paid on January 4, 2007 to shareholders of record on December 21, 2006 were considered 2006 distributions for federal income tax purposes. The balance of the January 4, 2007 distribution (65.1977% or $0.117356 per share) was considered a 2007 distribution for federal income tax purposes. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of DiamondRock distributions.

About DiamondRock Hospitality Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of premium hotel properties. DiamondRock owns 20 hotels with 9,600 rooms. DiamondRock is the 2007 Award of Excellence winner for Repair of Low-Rise Structures from the International Concrete Repair Institute. For further information, please visit DiamondRock's website at http://www.drhc.com.

SOURCE DiamondRock Hospitality Company
/CONTACT: Mark Brugger of DiamondRock Hospitality Company,
+1-240-744-1150, info@drhc.com /