PRNewswire-FirstCall HOUSTON Nov. 6 :

Continental Airlines announced today that it signed a codeshare agreement
with Maersk Air of Denmark, which will enable Continental customers to
make quicker and easier connections to and from the Danish cities of
Copenhagen and Billund, via London/Gatwick and Amsterdam. A marketing
agreement between the two airlines also provides for OnePass frequent
flyer program benefits.

For travel effective February 2004, subject to government approval,
Continental will place its code (CO*) on Maersk Air`s flights between both
Copenhagen and Billund and London/Gatwick and on its flights between
Billund and Amsterdam, which connect with Continental`s flights between
London/Gatwick and Amsterdam and the airline`s hubs at New York/Newark,
Houston and Cleveland.
Continental customers will need to check in only once for these flights,
receiving seat assignments and boarding passes through to their final
destination, as well as seamless luggage transfers.

Members of Continental`s frequent flyer program, OnePass, will be able to
earn and redeem miles on Continental codeshare flights operated by Maersk
Air.

The codeshare agreement will improve connections to all parts of Denmark
for Continental customers—particularly those traveling to and from New
York and Houston and points beyond—and will also complement
Continental`s European route network.

“Continental is very enthusiastic about our new cooperation with Maersk,”
said David Grizzle, Continental`s Senior Vice President of Corporate
Development. “Historically, Continental has not served the Billund region
of Denmark and we look forward to working with Maersk to expand our Danish
service and improve our business mix. Continental views this alliance as
an initial step to greater cooperation in Denmark and in particular with
the A.P. Moller-Maersk Group.”

Maersk Air, part of the A.P. Moller-Maersk Group, is Denmark`s leading
privately-owned airline and is engaged in international scheduled
services, charter flights, leasing of aircraft and freight agency
activities. The airline commenced operation in 1970 and from a modest
beginning with a fleet of three small turbo propeller planes, Maersk Air
today has 44 aircraft and employs 1,300 dedicated staff in Denmark and
abroad.
Continental Airlines is the world`s seventh-largest airline and has more
than 2,200 daily departures. With 127 domestic and 96 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 41 million passengers per year on the
newest jet fleet among major U.S. airlines. With 42,000 mainline
employees, Continental is one of the 100 Best Companies to Work For in
America. In 2003, Fortune ranked Continental highest among major U.S.
carriers in the quality of its service and products, and No. 2 on its list
of Most Admired Global Airlines. For more company information, visit
continental.com.

In Europe and the Middle East, Continental serves 17 cities in 11
countries, operating up to 168 departures weekly to its U.S. gateway hubs
at New York/Newark, Houston and Cleveland, with onward connections to
cities throughout North America, Latin America and the Caribbean.
Continental`s alliance carriers in Europe and the Middle East include Air
Europa, Emirates, Flybe. (British European), KLM Royal Dutch Airlines, TAP
Air Portugal and Virgin Atlantic Airways.

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