2-27-2007
In an amended 13D filing on Eagle Hospitality Properties Trust Inc. (NYSE: EHP) 17.6% holder and Chairman William P. Butler/Corporex disclosed a letter sent to the Special Committee stating that it proposes to acquire all of the outstanding Common Stock of the Company not currently owned by Corporex or its affiliates at a purchase price of between $10.75 and $11.25 per share in cash.

On January 29, 2007, the Company issued a press release announcing that its Board of Directors had decided to explore strategic alternatives to enhance shareholder value, including a possible sale of the Company.

Eagle Hospitality Properties Trust (EHP)
A group including Chairman William Butler and Corporex Cos. offered to acquire all its outstanding common shares for $10.75 to $11.25 each, in cash. Butler currently holds 4.2 million shares (17.6%).

Downgraded by Wachovia from Outperform to Mkt Perform

Upgraded by Wachovia from Underperform to Outperform

Downgraded by RBC Capital Mkts from Outperform to Sector Perform

Downgraded by RBC Capital Mkts from Outperform to Sector Perform