Jameson Inns, Inc. Reports ADR, Occupancy and REVPAR for March 2004

                                        Average Daily

                        Occupancy           Rate             REVPAR

     Brand           2004      2003    2004     2003      2004    2003



  Jameson Inns       59.7%     56.7%  $58.75   $59.09    $35.06  $33.49

  Signature Inns     37.6%     41.3%  $61.83   $58.96    $23.27  $24.35

  Combined Brands    52.3%     51.4%  $59.49   $59.06    $31.14  $30.33