DiamondRock Hospitality Announces Tax Treatment of Its 2008 Dividends

BETHESDA, Md., Jan. 30 /PRNewswire-FirstCall/ -- DiamondRock Hospitality Company ("DiamondRock") (NYSE: DRH), a real estate investment trust, announced today the following tax treatment of its 2008 distributions.

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



                                                                    2008
                                                                 Non-Taxable
                                        2008 Taxable Dividends    Dividends

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

    12/31/07   1/10/08     $0.240000    $0.198303    $0.026602    $0.015095
     3/21/08    4/1/08     $0.250000    $0.206566    $0.027710    $0.015724
     6/13/08   6/24/08     $0.250000    $0.206566    $0.027710    $0.015724
      9/5/08   9/16/08     $0.250000    $0.206566    $0.027710    $0.015724

All of the distributions paid on January 10, 2008 to shareholders of record on December 31, 2007 are considered a 2008 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 approximately 9,600 rooms. For further information, please visit DiamondRock's website at www.drhc.com.

SOURCE DiamondRock Hospitality Company
CONTACT: Chris King of DiamondRock Hospitality Company