CONTINENTAL AIRLINES TAKES FIVE HONORS AT OAG AIRLINE OF THE YEAR AWARDS

Continental Airlines (NYSE: CAL) tonight won more awards than any other airline in the world at the OAG Airline of the Year Awards 2001.

Continental took the top honors in five categories:

* Best short-haul executive/business class

* Best long-haul executive/business class

* Best trans-Atlantic airline

* Best airline based in North America

* Best frequent flyer program

The awards are based on votes by frequent flyers around the world who subscribe to OAG print and electronic travel information products.

The awards were presented at a ceremony tonight at the Park Lane Hotel, London. Barry Simon, Continental's Senior Vice President - International, accepted the awards on behalf of the airline.

"This is great news, particularly coming hot on the heels of Continental winning Air Transport World's Airline of the Year award for 2001," said Simon. "What all these awards show is that in every aspect of our service and operations, Continental is stretching ahead of the competition, and that is due more than anything to the efforts of all our 53,400 employees around the world."

Continental Airlines is the fifth largest airline in the U.S., offering more than 2,200 departures daily to 136 domestic and 92 international destinations. Operating hubs in Newark, Houston, Cleveland and Guam, Continental serves more international cities than any other U.S. carrier, including extensive service throughout the Americas, Europe and Asia.