MHI Hospitality Corporation a hotel investment company.

Board of Directors (from left to right): Edward S. Stein, J. Paul Carey, Kim E. Sims, Christopher L. Sims, James P. O'Hanlon, General Anthony C. Zinni (ret), Andrew M. Sims

Officers (from left to right): Andrew M. Sims, Anthony E. Domalski, Julia F. Connolly, David R. Folsom, William J. Zaiser

MHI Hospitality Corporation is a self-advised real estate investment trust ("REIT") formed in August 2004 to own and manage a portfolio of full-service upper up-scale, up-scale and mid-scale hotels located in primary and secondary markets in the Mid-Atlantic, Midwest and Southeastern United States. On December 21, 2004, we successfully completed our initial public offering and elected to be treated as a self-advised real estate investment ("REIT") for federal income tax purposes. We conduct our business through MHI Hospitality, L.P., our operating partnership, of which we are the general partner. Our Company owns approximately 65.0% of the partnership units in our operating partnership. Limited partners (including our officers and certain of our directors) own the remaining operating partnership units.