Marriott International Increases Cash Dividend

WASHINGTON, May 3 /PRNewswire-FirstCall/ -- Marriott International, Inc. today announced that its board of directors has declared an increase in the company's quarterly cash dividend from six and one-half cents to seven cents per share of common stock. The dividend is payable July 19, 2002, to shareholders of record as of June 27, 2002. The company and its predecessors (old Marriott International, Inc. and Marriott Corporation) have paid a dividend in every quarter since late 1977.