DEWEY & LEBOEUF LLP 1301 Avenue of the Americas New York, New York 10019 Telephone: 212.259.

8000 Facsimile: 212.259.6333 Martin J. Bienenstock, Esq. Irena M. Goldstein, Esq. Timothy Q. Karcher, Esq. Attorneys for Ad Hoc Committee of Preferred Shareholders UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK In re: INNKEEPERS USA TRUST, et al., Debtors. AD HOC COMMITTEE OF PREFERRED SHAREHOLDERS, Movant, -againstINNKEEPERS USA TRUST, et al., Respondent.

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Chapter 11 Case No. Case No. 10 13800 (SCC) (Jointly Administered)

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REPLY OF AD HOC COMMITTEE OF PREFERRED SHAREHOLDERS TO OBJECTIONS TO MOTION FOR ORDER DIRECTING APPOINTMENT OF EXAMINER PURSUANT TO SECTION 1104(c)(1)-(2) OF THE BANKRUPTCY CODE [OBJECTION TO BE FILED UNDER SEAL.]

Dated: New York, NY August 27, 2010

DEWEY & LEBOEUF LLP

/s/ Martin J. Bienenstock Martin J. Bienenstock, Esq. Irena M. Goldstein, Esq. Timothy Q. Karcher, Esq. 1301 Avenue of the Americas New York, New York 10019 Telephone: 212.259.8000 Facsimile: 212.259.6333 Attorneys for Ad Hoc Committee of Preferred Shareholders

NY4 4026470.8