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Strategies & Market Trends : Meditrust NYSE: MT
MT 36.89-3.4%Nov 4 3:59 PM EST

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To: Wren who wrote (198)6/19/2000 8:06:00 PM
From: Captain Jack  Read Replies (1) of 233
 
Well -- it seems Cash can speak when he is taking care of an old friend,,,
DALLAS, Jun 19, 2000 /PRNewswire via COMTEX/ -- The Meditrust Companies (NYSE:
MT) today announced the appointment of David L. Rea as chief financial officer
of Meditrust Operating Company. Laurie T. Gerber will continue as chief
financial officer of Meditrust Corporation until consolidations of the functions
have occurred.

Francis W. Cash, chief executive officer of Meditrust, said, "I am very pleased
to welcome David on board as chief financial officer of Meditrust Corporation
and Meditrust Operating Company. I was impressed with his abilities from the
time we spent working together at Red Roof Inns. His experience in the lodging
industry is directly in line with our current needs at Meditrust as we move
forward with our plan of reorganization and direct our focus to lodging."

Mr. Rea brings to Meditrust his experience from a distinguished career at Red
Roof Inns, Inc., one of the leading economy lodging chains in the country, where
he served in various roles from 1996 through 1999, including executive vice
president, chief financial officer, and treasurer. From 1995 through 1996, he
served as vice president of finance at DeBartolo Realty Corporation, and was a
vice president at T. Rowe Price Associates from 1990 through 1995. Most
recently, Mr. Rea served as chief financial officer of the start-up B2B
e-commerce company, SingleSourceIT.com.

The Meditrust Companies, with headquarters in Dallas, Texas, consists of
Meditrust Corporation, a REIT, and Meditrust Operating Company. Today's news
release as well as other news about The Meditrust Companies is available on the
Internet at reit.com.
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