Chatham Lodging Trust Announces Partial Exercise of Underwriters’ Over-allotment Option to Purchase Additional Shares

Palm Beach, FL—Chatham Lodging Trust (the “Company”) (NYSE: CLDT) today announced the partial exercise of the underwriters’ over-allotment option to purchase an additional 475,823 common shares of beneficial interest, $0.01 par value per share, at the public offering price of $16.35 per share less the underwriting discount.

The over-allotment option, which will provide additional gross proceeds of $7,779,706 to the Company, prior to deduction of the underwriting discount and offering expenses, was exercised in connection with the Company’s public offering of 4,500,000 common shares, which priced on June 13, 2013.

 The issuance of shares pursuant to the over-allotment option closed on June 28, 2013. 

 For a complete copy of the company’s news release, please contact:

Media

Daly Gray Public Relations

Jerry Daly, 703-435-6293

jerry@dalygray.com

or

Chatham Lodging Trust

Dennis Craven, 561-227-1386

Chief Financial Officer

dcraven@cl-trust.com