Marriott Senior Living Services Partners with Toll Brothers to Develop Assisted Living Communities

Marriott MapleRidge of Reston, to be developed at the intersection of Route 7 and Baron Cameron Parkway, will be owned by Reston Assisted Living, LLC and operated by Marriott Senior Living Services under a long-term agreement. Construction is expected to begin in the spring of 2000.

Marriott MapleRidge communities are uniquely designed assisted living communities that provide a casual, comfortable lifestyle in a neighborhood of cottages. In addition to offering assisted living services for residents, the communities also offer care for people with Alzheimer's disease or other memory loss disorders.

Will Holmes, Vice President of Development and Special Projects for Marriott Senior Living Services said, "We are excited about our partnership with Toll Brothers, Inc. for both the Reston Marriott MapleRidge community and other development opportunities we are currently discussing. Toll Brothers, Inc. is a quality company to work with and our relationship enhances our strategy of managing our communities that are developed by others."

In its partnership with Marriott, Toll Brothers, Inc. is taking the next step in a long-term plan to develop customers for life by providing residential living choices at every stage of their lives. John Elcano, Vice President for Toll Brothers, Inc. said, "The strategic partnership between Toll Brothers, Inc. and Marriott Senior Living Services combines Toll Brothers' development expertise and Marriott's operational strengths in the assisted living field to form a truly synergistic relationship."

Marriott Senior Living Services operates 144 senior living communities in 29 states with others under development and construction.

Toll Brothers, Inc., the nation's leading builder of luxury homes, serves move-up and empty nester buyers in 18 states in six U.S. regions. The company had revenues of 1.44 billion on October, 31, 1999, their end of fiscal year.

Marriott International, Inc. MAR is a leading worldwide hospitality company with over 1,900 operating units in the United States and 56 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership (timeshare) resorts under the Marriott, Ritz-Carlton and Horizons brands; operates executive apartments and conference centers; and provides furnished corporate housing through its ExecuStay by Marriott division. Other Marriott businesses include senior living communities and services, wholesale food distribution, and procurement services. The company is headquartered in Washington, D.C., and has approximately 140,000 employees. In fiscal year 1998, Marriott International reported total sales of $8.0 billion. For more information about Marriott International contact www.marriott.com