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U.S. Department of Justice Completes United - Continental Antitrust Review

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United and Continental Airlines have been notified by the Antitrust Division of the United States Department of Justice of the termination of its Hart-Scott-Rodino Act review and the closing of its investigation of the airlines’ pending merger.

“We are pleased to have achieved this critical milestone and look forward to our respective stockholders’ votes next month, following which we expect to be on track to close our merger by October 1st,” said Glenn Tilton, UAL Corporation chairman, president and CEO. “The combination of United and Continental will create a world class airline, which will deliver an industry leading network for our customers and the communities we serve, career opportunities for our people, and value and return for our stockholders.”

Continental and United expect to close the merger by 1 October 2010, subject to stockholder approvals and customary closing conditions. Both companies have scheduled special stockholder meetings on 17 September 2010, for approval of the merger.

United and Continental received clearance from the European Commission on the airlines’ proposed merger in July, which noted its investigation found the transaction would not raise competitive concerns in Europe or on trans-Atlantic routes.

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