Capital Lodging Watch

from S-11/A 150 pages Mezzanine Loan Agreement Dated as of , 2004 Between Capital Lodging Properties I Limited Partner, L.P., as Maker, and Capital Lodging Trs I, Corp., as Mezzanine Pledgor Collectively, as Borrower and Bank of America, N.A., as Lender

from S-11/A 158 pages Loan Agreement Dated as of , 2004 Between Capital Lodging Properties I, L.P., as Maker, Capital Lodging Trs Operations I, Inc., as Maker, Capital Lodging Maryland Properties, LLC, as Maker and Capital Lodging Maryland Property Holdings, LLC, as Maryland Guarantor Collectively, as Borrower and Bank of America, N.A., as Lender

from S-11/A 148 pages Credit Agreement Dated as of August , 2004 Among Capital Lodging Operating Partnership, L.P., as Borrower, Capital Lodging, as Parent, Bank of America, N.A., as Administrative Agent and L/C Issuer, and Wachovia Bank, N.A., as Syndication Agent the Other Lenders Party Hereto Banc of America Securities LLC, and Wachovia Capital Markets LLC, as Joint Lead Arrangers and Joint Book Managers