Federal Court Dismisses Green Isle Lawsuit Against Marriott International

WASHINGTON, Oct. 9 /PRNewswire-FirstCall/ -- Marriott International, Inc. (NYSE:MAR) today learned that the lawsuit brought against the company and others by Green Isle Partners was dismissed. The action was taken on Oct. 7, 2002 in the United States District Court for the District of Puerto Rico. The claims, which alleged mismanagement and improprieties regarding procurement involving the San Juan Ritz-Carlton hotel, were dismissed with prejudice, meaning that the claims may not be refiled or pursued elsewhere.

MARRIOTT INTERNATIONAL, INC. (NYSE:MAR), a leading worldwide hospitality company celebrating its 75th Anniversary in 2002, has over 2,600 operating units in the United States and 65 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Other Marriott businesses include senior living communities and services, and wholesale food distribution. The company is headquartered in Washington, D.C., and has approximately 144,000 employees. In fiscal year 2001, Marriott International reported systemwide sales of $20 billion.