Eagle Hospitality Properties Trust 8.25% Series A Cum PFD (EHPTP)

[Enterprising Investor]

EHPT Fails to Declare First Quarter Dividend (3/15/12)

Purchase, NY (March 15, 2012) - Eagle Hospitality Properties Trust, Inc. today announced that it will not declare a first quarter 2012 dividend with respect to the 8.25% Series A Cumulative Redeemable Preferred Shares due to the continuation of the depressed economic environment for hotel operations.

Please refer to the Articles of Incorporation of Eagle Hospitality Properties Trust, Inc. (f/k/a AP AIMCAP Corporation) and Articles Supplementary of Eagle Hospitality Properties Trust, Inc. (f/k/a AP AIMCAP Corporation) for a description of the 8.25% Series A Cumulative Redeemable Preferred Shares.

Certain information relating to the 8.25% Series A Cumulative Redeemable Preferred Shares can be found on the company's website at www.eaglehospitality.com.

CONTACT: Eagle Hospitality Properties Trust, Inc.
Patti Hawkins, Investor Relations, [phone]

http://www.eaglehospitality.com/