HIGHLAND HOSPITALITY CORP

CUSIP: 430141101 Class: COM

TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA's Holding History (CIK: 0000315038)

Note: Option positions (PUT/CALL) are excluded.

Q2 2007

Shares 107,500 Value ($000) $2,064 Avg Close — Range —

Q1 2007

Shares 107,500 Value ($000) $1,914 Avg Close — Range —

Q4 2006

Shares 107,500 Value ($000) $1,532 Avg Close — Range —

Q3 2006

Shares 84,000 Value ($000) $1,204 Avg Close — Range —

Q1 2006

Shares 150,000 Value ($000) $1,907 Avg Close — Range —

Q4 2005

Shares 150,000 Value ($000) $1,658 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2007	107,500	$2,064	—	—
Q1 2007	107,500	$1,914	—	—
Q4 2006	107,500	$1,532	—	—
Q3 2006	84,000	$1,204	—	—
Q1 2006	150,000	$1,907	—	—
Q4 2005	150,000	$1,658	—	—