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

                                          Average Daily

                            Occupancy         Rate              REVPAR



     Brand               2004      2003   2004     2003      2004    2003



     Jameson Inns       53.0%     52.2%  $58.14   $58.59    $30.83  $30.61

     Signature Inns     34.1%     36.5%  $61.49   $61.17    $20.96  $22.34

     Combined Brands    46.7%     46.8%  $58.96   $59.29    $27.52  $27.75