Sunstone Hotel Investors : Announces Tax Treatment of Its 2016 Dividends

ALISO VIEJO, Calif., Jan. 20, 2017 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the 'Company' or 'Sunstone') (NYSE: SHO) announced today the following tax treatment of the 2016 distributions to holders of the Company's common and preferred stock.

Security Description	CUSIP	Ticker Symbol	Record Date	Payable Date	Total Distribution Per Share	Ordinary Dividends	Total Capital Gain Distribution
Common	867892101	SHO	03/31/2016	04/15/2016	$0.050000	$0.044812	$0.005188
Common	867892101	SHO	06/30/2016	07/15/2016	$0.050000	$0.044812	$0.005188
Common	867892101	SHO	09/30/2016	10/17/2016	$0.050000	$0.044812	$0.005188
Common	867892101	SHO	12/31/2016	01/17/2017	$0.530000	$0.475002	$0.054998
Series D Preferred	867892507	SHO/PRD	03/31/2016	04/15/2016	$0.500000	$0.448115	$0.051885
Series D Preferred	867892507	SHO/PRD	--	04/06/2016	$0.027778	$0.024895	$0.002883
Series E Preferred	867892606	SHO/PRE	06/30/2016	07/15/2016	$0.535729	$0.480137	$0.055592
Series E Preferred	867892606	SHO/PRE	09/30/2016	10/17/2016	$0.434375	$0.389300	$0.045075
Series E Preferred	867892606	SHO/PRE	12/31/2016	01/17/2017	$0.434375	$0.389300	$0.045075
Series F Preferred	867892705	SHO/PRF	06/30/2016	07/15/2016	$0.201563	$0.180647	$0.020916
Series F Preferred	867892705	SHO/PRF	09/30/2016	10/17/2016	$0.403125	$0.361293	$0.041832
Series F Preferred	867892705	SHO/PRF	12/31/2016	01/17/2017	$0.403125	$0.361293	$0.041832

(1)	All outstanding shares of the Company's Series D Preferred Stock (CUSIP 867892507) were redeemed on April 6, 2016 at a redemption price of $25.00 per share plus accrued dividends of $0.027778 per share. Shareholders of record as of March 31, 2016 received the first quarter dividend on April 15, 2016.

For stockholders whose shares are held through a bank, broker or nominee, questions regarding the dividend should be directed to the bank, broker or nominee. For registered stockholders, questions regarding the dividend should be directed to Sunstone's transfer agent: Shareholder Services at American Stock Transfer and Trust Company at [phone] or toll free at 1-800-937-5449.

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.

About Sunstone Hotel Investors:

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ('REIT') that, as of the date hereof, has interests in 28 hotels comprised of 13,666 rooms. Sunstone's hotels are primarily in the upper upscale segment and are generally operated under nationally recognized brands, such as Marriott, Hilton, Hyatt and Fairmont. For further information, please visit Sunstone's website at www.sunstonehotels.com.

For Additional Information:
Bryan Giglia
Chief Financial Officer
Sunstone Hotel Investors, Inc.
[phone]

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SOURCE Sunstone Hotel Investors, Inc.