In conjunction with Continental Airlines, Inc.`s (NYSE: CAL) Fourth Quarter Earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on January 15, 2003 at 10:30 AM Eastern.

What:  Continental Airlines, Inc.`s Fourth Quarter Earnings
Conference Call /  When:  January 15, 2003 @ 10:30 AM Eastern / Where:  http://www.continental.com/company/investor / How:  Live over the Internet—Simply log on to the web at the address above. / Contact:  Investor Relations, 713-324-5152

Continental Airlines is the world`s sixth-largest airline and has more than 2,000 daily departures. With 131 domestic and 93 international destinations, Continental has the broadest global route network of any U.S. airline, including extensive service throughout the Americas, Europe and Asia. Continental has hubs serving New York, Houston, Cleveland and Guam, and carries approximately 45 million passengers per year on the newest jet fleet among major U.S. airlines. With 48,000 employees, Continental is one of the “100 Best Companies to Work For in America.” Fortune ranked Continental the No. 2 Most Admired Global Airline and No. 30 Most Admired Global Company in March 2002. For more company information, visit continental.com.

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp , and at least a 28.8 kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to [email protected] .)

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