Platinum Eagle and Target Lodging to Address Attendees at the ICR Conference 2019

LOS ANGELES & THE WOODLANDS, Texas–()–Platinum Eagle Acquisition Corp. (Nasdaq:EAGL) (“Platinum Eagle”), a
publicly traded special purpose acquisition company and Target Logistics
Management, LLC (“Target Lodging”), the largest vertically integrated
specialty rental accommodations and hospitality services company in the
U.S., announced today that Target Lodging’s President and Chief
Executive Officer, Brad Archer, Chief Financial Officer, Andy Aberdale,
and Chief Commercial Officer, Troy Schrenk, will address attendees on
Monday, January 14 at 4:30 p.m. EDT at the following event:

Event: ICR Conference 2019
January 14, 2019
Location: Grand Lakes Orlando
4040 Central Florida Pkwy
Orlando, FL 32837

A live webcast will be available at the time of the event and may be
accessed through the Events section of Target Lodging’s website at www.targetlodging.com/News/Events.
A replay of the webcast will be available after the event.

About Platinum Eagle Acquisition Corp.
Platinum Eagle was
formed for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more businesses. Platinum Eagle raised $325
million in its initial public offering and began trading on Nasdaq in
January 2018. Its Class A ordinary shares, units and warrants trade
under the ticker symbols EAGL, EAGLU and EAGLW, respectively.

About Target Lodging
Founded in 1978, Target Lodging is the
largest vertically integrated specialty rental and hospitality services
company in the United States. The company is principally focused
on building, owning and operating housing communities across several end
markets, including oil, gas, energy infrastructure and
government. Target Lodging provides cost-effective and customized
specialty rental accommodations, culinary services, and hospitality
solutions, including site design, construction, operations, security,
housekeeping, catering, concierge services, and health and recreation
facilities as part of its integrated housing and hospitality
communities. Target Lodging was named by Inc. magazine in 2012 and 2013
as one of “America’s Fastest Growing Private Companies.” Target Lodging
has been an Algeco company since 2013.

Forward-Looking Statements
Certain statements made in this
release are “forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
“estimates,” “projected,” “expects,” “anticipates,” “forecasts,”
“plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,”
“future,” “propose” and variations of these words or similar expressions
(or the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking statements
are not guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties, assumptions
and other important factors, many of which are outside Platinum Eagle’s,
Target Lodging’s or Signor Lodging’s control, that could cause actual
results or outcomes to differ materially from those discussed in the
forward-looking statements. Important factors, among others, that may
affect actual results or outcomes include the inability to complete the
business combination (including due to the failure to receive required
shareholder approvals, or the failure of other closing conditions); the
inability to recognize the anticipated benefits of the proposed business
combination; the inability to meet Nasdaq listing standards; costs
related to the business combination; Target Hospitality’s ability to
manage growth; Target Hospitality’s ability to execute its business plan
and meet its projections; Target Hospitality’s ability to identify,
consummate and integrate acquisitions; rising costs adversely affecting
Target Hospitality’s profitability; potential litigation involving
Platinum Eagle, Target Lodging, Signor Lodging, or after the closing,
Target Hospitality, and general economic and market conditions impacting
demand for Target Lodging’s products and services, and in particular
economic and market conditions in the oil industry in the markets in
which Target Hospitality operates. None of Platinum Eagle, Target
Lodging or Signor Lodging undertakes any obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.

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