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Filed Pursuant to Rule 424(b)(3)
Registration No. 333-67907
PROSPECTUS SUPPLEMENT
January 20, 1999
(To the Prospectus and Prospectus Supplement Dated December 30, 1998)
17,854,637 Shares
HOST MARRIOTT CORPORATION
Common Stock
As previously described to you in our prospectus supplement dated
December 30, 1998, we have declared a special dividend of .087 share of common
stock or $1.00 in cash per share of Host Marriott common stock, payable to
stockholders of record on December 28, 1998. The special dividend is payable in
common stock or cash, at the option of each stockholder.
The purpose of this prospectus supplement is to extend the period during
which stockholders may make this election to 5:00 p.m. (EST) on February 5,
1999. As a result of this extension of the election period, we expect the
payment date for the special dividend to be on or about February 10, 1999. The
tax discussion in the December 30, 1998 prospectus supplement remains
applicable, except that all references to dates should be adjusted to reflect
the new payment date.
For your convenience, a new election certificate accompanies this
prospectus supplement. If you have previously sent in an election certificate
and wish to change your election or if you have not yet sent in an election
certificate and desire to do so, please complete and sign the enclosed election
certificate (or the election certificate previously provided to you) and return
it to First Chicago Trust Company of New York in the enclosed postage-paid
envelope or by facsimile as soon as possible. To be effective, we must receive
your election on or before 5:00 p.m., Eastern Time, on Friday, February 5, 1999.
If you elect to receive any common stock, you will receive cash in lieu of any
fractional share so that you will receive a whole number of shares. If you
desire to receive common stock, you do not need to return an election
certificate. If You Do Not Timely Return A Properly Completed Election
Certificate, You Will Receive Your Special Dividend In Common Stock, Subject To
The Ownership Limit. All Future Elections Are Irrevocable.
If you have any questions about completing the election certificate or
need a new election certificate, please call MacKenzie Partners, Inc. at (800)
322-2885.
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Neither The Securities And Exchange Commission Nor Any State Securities
Commission Has Approved Or Disapproved Of These Shares Of Common Stock Or
Determined If This Prospectus Supplement Or The Related Prospectus Or Prospectus
Supplement Is Truthful Or Complete. It Is Illegal For Any Person To Tell You
Otherwise.
