Sunstone Hotel Investors (SHO) 8-K Material Modifications to Rights of Security Holders

Exhibit 99.1

The expenses to be incurred by the Company relating to the registration and offering of 3,000,000 shares of 6.450% series F cumulative redeemable preferred stock pursuant to a registration statement on Form S-3 (File No. 333-193311) (the “Registration Statement”) and a related prospectus supplement filed with the Securities and Exchange Commission on May 10, 2016 are estimated to be as follows:

	Estimated Fees
SEC registration fee	$	7,553
Accounting fees and expenses	55,000
Legal fees and expenses	150,000
NYSE supplemental listing fee	14,400
Printing fees	30,000
Transfer agent and registrar fees and expenses	5,000
Total	$	261,953