May 4, 2010

Continental and United Announce Agreement to Merge

Continental Airlines

Monday, May 3, 2010

|
|
|
|

We are proud to share some exciting news with you.

This morning, Continental announced that we have signed a definitive merger agreement with United Airlines. We plan to create a world-class airline with tremendous and enduring strengths.

Combined, Continental and United will offer the industry’s leading loyalty program, providing vast opportunities for members to earn and redeem miles with us and on our Star Alliance partners. Should you achieve Elite status, you will enjoy even more benefits such as upgrades and priority airport services. We will continue to provide you with the excellent and consistent service you value and have come to expect from us, across a much broader network with an unparalleled global reach.

Since our transition to Star Alliance last year, we’ve worked closely with United and are confident this combination will build upon the partnership we already have in place.

We’ll keep you informed throughout the planned integration process and also encourage you to visit unitedcontinentalmerger.com, our dedicated joint merger website, for detailed information as well as ongoing updates.

On behalf of Jeff Smisek and the entire Continental team, we look forward to welcoming you aboard your next flight.

Sincerely,
Mark Bergsrud
Mark Bergsrud
Senior Vice President
Marketing Programs and Distribution