IRVING, TX— FelCor Lodging Trust Inc. for third quarter will pay a dividend of $0.15 per share on its common stock, $0.4875 per share on its $1.95 Series A cumulative convertible preferred stock and $0.5625 per depositary share evidencing its 9% Series B cumulative redeemable preferred stock. The third quarter dividends will each be payable on Oct. 31 to shareholders of record on October 11, 2002. “We are pleased that we are able to maintain the $0.15 per common share dividend, despite todays uncertain economic environment,” said Thomas Corcoran Jr., FelCors president/CEO. “This continues FelCors record of paying a consistent dividend in excess of that of its peers.” FelCors common dividend will be determined each quarter based upon the operating results of