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Bravante and Reitz Elected to ExpressJet Board

ExpressJet Holdings today
announced the election of George R. Bravante, Jr. and Richard Reitz to
fill vacancies on the Board of Directors resulting from the resignations
of Gordon M. Bethune and Lawrence W. Kellner. The directors were elected
by Continental Airlines, Inc. pursuant to its special voting preferred
stock, which currently permits Continental to designate three members of
our Board. C.D. McLean will continue to serve as Continental’s other
designee to our Board. Mr. Bravante is the founder and General Partner of Bravante-Curci
Investors, LP, a merchant bank focusing on real estate investments in
Calif. He has held this position since 1996. Prior to founding
Bravante-Curci, Mr. Bravante held positions with Colony Advisors, Inc. and
American Real Estate Group, Inc.

Mr. Reitz is a co-founder and partner of InsideOut-Culture to Customer, a
consulting company, which began in April 2003. From 1995 to 1997, Mr.
Reitz was Vice President of Global Airline Sales at Electronic Data
Systems. He served for eight years as a pilot in the United States Navy
and also worked as a pilot for Braniff Airlines.