Golf Trust of America, Inc.
(AMEX: GTA)

Golf Trust Announces 3rd Quarter Earnings Release Date and Conference Call CHARLESTON, SC, November 3, 2000 -- Golf Trust of America, Inc. (AMEX:GTA) today announced the scheduled release of third quarter earnings for November 15, 2000, prior to market opening. The Company’s third quarter conference call will be held the same day at 1:30 p.m. EST, with a taped replay available immediately following completion of the conference call. Access to the conference call is provided by registering with the Company’s corporate office by November 10 at 843-723-4653 to receive the call-in number. A taped replay will be available one hour following completion of the conference call by calling 1-800-405-2236, access code 777817, which will be accessible until 5:00 p.m. EST on November 21, 2000. Golf Trust of America, Inc. is a self-administered real estate investment trust involved in the ownership of high-quality golf courses in the United States. The Company currently owns an interest in 47 (eighteen-hole equivalent) courses. # # # Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors including general economic conditions, competition for golf course acquisitions, the availability of equity and debt financing, interest rates and other risk factors as outlined in the Company's SEC reports, including the prospectus dated November 4, 1997 and the annual report, as amended on Form 10-K dated March 31, 1999.