Miami, FL, January 5, 2009 – As previously announced on December 29th, Oceania Cruises will launch its largest promotion ever on January 7th with unprecedented price reductions on more than 40 voyages. In celebration of the completion of its fifth year of business, the line is offering exceptional savings on its most alluring voyages in Europe, Asia, Australia & New Zealand, South America, and the Caribbean. With savings of up to 72%, travelers can enjoy the Oceania Cruises Experience for as little as $1,249 per guest.

In addition, solo travelers may enjoy the Oceania Cruises Experience for a single supplement of only 25% and 3rd and 4th guests in a stateroom will receive an additional 50% reduction off of their cruise fare.

• 10 Day Voyages: $500 per Stateroom Price Reduction, $500 Per Stateroom Shipboard Credit and FREE Prepaid Gratuities.
• 12-24 Day Voyages: $1,000 per Stateroom Price Reduction, $500 Per Stateroom Shipboard Credit and FREE Prepaid Gratuities.
• 25-40 Day Voyages: $1,500 per Stateroom Price Reduction, $500 Per Stateroom Shipboard Credit and FREE Prepaid Gratuities.

Miami, FL, December 29, 2008 – On January 7th Oceania Cruises will launch its largest promotion ever with unprecedented price reductions on more than 40 voyages. To celebrate its Fifth Anniversary, exceptional savings will be offered on the lines most alluring voyages in Europe, Asia, Australia & New Zealand, South America and the Caribbean.

MIAMI, November 3, 2008 – Prestige Cruise Holdings, parent company of Oceania Cruises and Regent Seven Seas Cruises, has announced that effective November 10, 2008, fuel supplement charges will be eliminated from all voyages departing in 2010 and the company has established specific guidelines under which the fuel supplement may be reimbursed to guests sailing on voyages departing in 2009.

For voyages departing in 2010, no fuel supplement will be charged on new reservations. For existing reservations on voyages departing in 2010, the fuel supplement charge will automatically be removed from the guests'  final payment balance. For voyages departing in 2009, the company will continue to apply a $15 per guest per day fuel supplement. Fuel supplement charge adjustments, if any, will be determined on a quarterly basis. Refunds, in the form of shipboard credits, will be applied to all reservations to which a fuel supplement had previously been charged if the quarterly closing price on the New York Mercantile Exchange of West Texas Intermediate fuel is below $65 per barrel two weeks prior to the beginning of the upcoming calendar quarter.

Frank Del Rio, Chairman of Prestige Cruise Holdings, stated that the company was implementing these changes due to the recent decline in fuel prices. “If oil stabilizes below $65 per barrel, we are confident that we can effectively eliminate the need to charge our guests a separate fuel supplement. However, we must see stability in fuel pricing on a mid- to long-term basis as there could still be significant volatility in the marketplace,” stated Del Rio.

The dates on which the price of West Texas Intermediate fuel will be measured and the quarters during which refunds may be applied are listed below.

Fuel Price Determination Date	Quarter of Possible Fuel Supplement Refunds
December 18, 2008	First Quarter 2009
March 18, 2009	Second Quarter 2009
June 17, 2009	Third Quarter 2009
September 17, 2009	Fourth Quarter 2009

Prestige Cruise Holdings will continue to monitor the price of fuel and will retain the right to reinstate the fuel supplement charge at any time should market conditions warrant.

About Prestige Cruise Holdings

Prestige Cruise Holdings (PCH) is a subsidiary of Apollo Management L.P. and the parent corporation of Regent Seven Seas Cruises and Oceania Cruises. Formed in 2007 to manage select assets in Apollo Management's cruise investment portfolio, PCH is led by Chairman and Chief Executive Officer Frank J. Del Rio, the founder of Oceania Cruises. PCH is the market leader in the Upper Premium and Luxury segments of the cruise industry with more than 4,450 berths between the Regent Seven Seas Cruises and Oceania Cruises brands, a number the company expects will grow to more than 6,700 berths by 2011.

About Oceania Cruises

Oceania Cruises® is the world's only upper-premium cruise line and offers a unique combination of the finest cuisine at sea, luxurious accommodations, exceptional personalized service and extraordinary value. As the leader in destination cruising, Oceania Cruises sails to more than 180 ports in Europe, Australia, New Zealand, Asia, South America, and the Caribbean. Featuring three intimate and elegant mid-sized ships, Regatta, Insignia and Nautica, the line will introduce the new mid-size Marina to its award-winning fleet in 2010 along with an identical sister-ship in 2011. For additional information, to make a reservation, or to order a brochure, please contact your Travel Agent or Oceania Cruises at 800-531-5658. Visit us at www.OceaniaCruises.com.

Miami, FL, August 4, 2008 – Oceania Cruises is pleased to announce that it has commenced construction of its first new Oceania-Class ship during the gala steel-cutting ceremony at Fincantieri's Sestre Ponente Shipyard in Genoa, Italy.

Presided over by Frank Del Rio, Chairman of Prestige Cruise Holdings, Oceania Cruises' parent company, and attended by some of the line's most loyal past guests, the first piece of steel was ceremoniously cut to officially begin construction of Oceania Cruises' first brand-new ship.

During the ceremony, Del Rio also revealed the name of the first ship as Marina along with design details of the Veranda Staterooms and Penthouse Suites.

“Oceania Club members, our loyal repeat guests, are not only responsible for Oceania Cruises' success, they have also played a great role in the design and development of these splendid new ships,” stated Del Rio.

After the ceremony, Oceania Club members, dignitaries from Fincantieri and members of the media toured the builder' mock-ups of the Veranda Staterooms and Penthouse Suites. These accommodations, which are on average, 50% larger than those on the Regatta Class ships, will set new standards for spaciousness and comfort.

Veranda Staterooms, at 312 square feet, will incorporate larger sitting areas, marble-clad bathrooms with separate tub and shower, copious closet space and extra-large private verandas for relaxation.

The Penthouse Suites will be 429 square feet and feature a large living area, space for in-suite dining, separate sleeping area, extra-large bathrooms, walk-in closets and a host of other amenities.

“Marina will not be just a ship, she will be a place of beauty that offers our guests unparalleled comfort, amenities and a culinary experience that is beyond compare. Marina, along with her sister-ship, will be the most beautiful ships to sail the seven seas,” added Del Rio.

The Oceania-Class represents an evolution of the line' extremely popular Regatta-Class ships. This new class of mid size cruise vessels will retain all of the warmth, popular design elements and signature amenities of the Regatta-Class while affording guests an additional level of comfort, convenience and many new luxury amenities. Designed to cruise to all corners of the globe, the new ships will boast a cruising speed 20% faster than the Regatta-Class. In addition to their greater speed, the new ships will have a greater range that enables them to undertake the itineraries to virtually any destination worldwide.

The new ships will be awash in rich, dark woods, Italian marble, lustrous granite, fine wool carpets and sumptuous leather. No detail is being overlooked to create an array of spacious, yet intimate public spaces and luxurious staterooms and suites.

They will accommodate 1,252 guests in 626 staterooms and suites who will be served by more than 780 staff members. 96% of all accommodations will feature private teak verandas and guests will dine in their choice of six open seating restaurants. Additional details on the ships'public spaces, suites and dining venues will be revealed in the comings months.

About Oceania Cruises

Oceania Cruises® is the world's only upper-premium cruise line and offers a unique combination of the finest cuisine at sea, luxurious accommodations, exceptional personalized service and extraordinary value. As the leader in destination cruising, Oceania Cruises sails to more than 180 ports in Europe, Australia, New Zealand, Asia, South America, and the Caribbean. Featuring three intimate and elegant mid-sized ships, Regatta, Insignia and Nautica, the line will introduce two new mid-size Oceania Class ships to its award-winning fleet in 2010 and 2011. For additional information, to make a reservation, or to order a brochure, please contact your Cruise Vacation World or Oceania Cruises. 

About Prestige Cruise Holdings:

Prestige Cruise Holdings (PCH) is a subsidiary of Apollo Management L.P. and the parent corporation of Oceania Cruises and Regent Seven Seas Cruises. Formed in 2007 to manage select assets in Apollo Management’s cruise investment portfolio, PCH is led by Chairman and Chief Executive Officer Frank J. Del Rio, the founder of Oceania Cruises. PCH is the market leader in the Upper Premium and Luxury segments of the cruise industry with more than 4,450 berths between the Regent Seven Seas and Oceania Cruises brands, a number the company expects will grow to more than 6,700 berths by 2011.

Miami, FL, January 9, 2008 - Oceania Cruises’ Nautica debuted in glorious Sydney, Australia today, kicking off her inaugural season of sailings to Australia and New Zealand. Nautica arrived from Europe after a 45-day journey from Rome via Singapore and during her two-day inaugural stay in Sydney, she will host hundreds of top-producing Australian travel agents and media as the ship and the line’s award-winning product are showcased Down Under for the very first time.

“Australia and New Zealand are extremely important destinations and source markets for us and I am delighted that so many agents will be our guests aboard Nautica over the next few days and in the coming weeks," stated Bob Binder, President of Oceania Cruises.

Glistening like new, Nautica recently completed a $5 million refit at the Union Naval shipyard in Marseille, France. During the refit, all soft furnishing were replaced or renewed, all new carpeting was laid throughout the public rooms and accommodations and more than $1 million was spent installing new bathrooms in the ship’s 52 Penthouse Suites.

Each of the Penthouse Suites is now resplendent with a new granite and marble bathroom which boasts all new flooring, countertops and vanities, bathtubs and fixtures. In addition, new 20” and 26” flat-screen LCD televisions with DVD players were installed in all of the Penthouse Suites, Concierge Level Veranda Staterooms and Stateroom accommodations.

Nautica will sail a total of four voyages in Australia and New Zealand during her inaugural season and return again in 2009 and 2010. “Australasia was the most requested new destination in our company’s history and subsequently became the fastest-selling voyages we currently offer. We’re eagerly anticipating the day we can dedicate one of our ships for a full-season of voyages Down Under,” added Binder.

Highlights of Nautica’s 2008-2009 Voyages Down Under

Southern Cross Holiday
18-Day Voyage from Singapore to Sydney, departs December 20, 2008
Singapore • Semarang • Padang Bay • Komodo • Darwin • Thursday Island • Cairns (Great Barrier Reef) • Townsville • Whitsunday Island • Brisbane • Sydney

Splendors of Down Under
15-Day Voyage from Sydney to Auckland,
departs January 7, 2009 and January 22, 2009 (Reverse)
Sydney (Overnight) • Melbourne • Hobart • Milford Sound • Dunedin • Christchurch • Wellington • Napier • White Island • Great Mercury Island •Tauranga • Auckland

Coral Seas and Asian Jewels
21-Day Voyage from Sydney to Bangkok, departs February 6, 2009
Sydney • Brisbane • Whitsunday Island • Townsville • Cairns (Great Barrier Reef) • Thursday Island • Darwin • Komodo • Padang Bay • Semarang • Singapore • Ko Samui • Bangkok (Overnight)

Free Airfare and 2 for 1 Cruise Fares
With Free Airfare from 20 North American gateways and 2 for 1 cruise fares, these extraordinary voyages are the pinnacle of value. 2 for 1 cruise fares that include free airfare start at just $4,599 per guest. As space is limited, guests should make their reservations as early as possible to ensure that they take advantage of the free airfare and receive the accommodations of choice on their preferred voyage.

About Oceania Cruises

Oceania Cruises® is the world’s only upper-premium cruise line and offers a unique combination of the finest cuisine at sea, luxurious accommodations, exceptional personalized service and extraordinary value. As the leader in destination cruising, Oceania Cruises sails to more than 180 ports in Europe, Australia, New Zealand, Asia, South America, and the Caribbean. Featuring three intimate and elegant mid-sized ships, Regatta, Insignia and Nautica, the line will introduce two new mid-size Oceania Class ships to its award-winning fleet in 2010 and 2011. For additional information or to make a reservation, or to order a brochure, please contact Cruise Vacation World at 1-888-828-7327.

Miami, FL, November 12, 2007 — As a result of the rapidly escalating price of fuel, Oceania Cruises is implementing a fuel surcharge of $7 per guest per day for all reservations that are not paid in full by December 1, 2007. The surcharge applies to all currently published sailings through April 2009.

"At the time that we set our current pricing, oil was trading at approximately $60 per barrel and it is now quickly approaching $100 per barrel. This is the first time we have implemented a surcharge and I hope our guests will understand the root cause of this necessary action,” stated Bob Binder, President of Oceania Cruises.

The fuel supplement of $7 per guest per day is effective on December 1, 2007 for all new reservations and existing reservations that have not applied final payment. Guests choosing to pay in full prior to December 1, 2007 will be exempt from this surcharge.

Miami, FL, August 3, 2007 — Oceania Cruises announced that on August 1st a new record for reservations was set as the line's 2008–2009 Winter Collection of sailings went on sale. Oceania Cruises opened its reservation lines at 8 am on August 1st and took more than 400 new reservations in the first hours. At the close of business the line had bested it previous reservations record by almost 30% and some departures were 50% sold.

"With limited availability for our 2008 winter sailings, Travel Agents and Oceania Club members have been eager to learn details of the 2009 winter sailings. Our Travel Partners have always provided us with tremendous support and the response today is truly incredible," stated Bob Binder, President of Oceania Cruises.

The line's new 2008-2009 Winter Collection includes 24 voyages to Asia, Australia, the Caribbean and South America, ranges from 10 to 35 days in length, calls on more than 100 ports of call, and features 46 overnight port stays.

"One of the primary drivers of our success has been our destination-rich itineraries that feature many unique ports and an abundance of overnight port stays. From our inception, our goal has been to provide our guests and travel partners with the richest and most rewarding destination experience possible. When you combine our itineraries with the onboard product which features an acclaimed dining experience and a level of personal service that can only be found on mid-size ships, the result is a winning combination that has resulted in an overwhelming demand from our past guests," added Binder.

Highlights of the 2008-2009 Winter Collection:

• An unrivaled roster of overnight port stays in Rio de Janeiro, Hong Kong, Sydney, Buenos Aires, Luxor, Dubai, Yangon, Bali, Bangkok, Hanoi, Saigon, Itajaí, São Paulo, Kyoto, and Taipei.
• Nautica returns to Australia and Asia with eight unique voyages ranging from 15 to 35 days.
• Insignia sails an enchanting array of 12- to 19-day voyages to the verdant coastal villages of Brazil and the mesmerizing Chilean fjords.Three exciting new 19-day cruises between Rio de Janeiro and Valparaiso offer a grand look at a grand continent.  

About Oceania Cruises

Oceania Cruises® is the world's only upper-premium cruise line and offers a unique combination of the finest cuisine at sea, luxurious accommodations, exceptional personalized service and extraordinary value. As the leader in destination cruising, Oceania Cruises sails to more than 180 ports in Europe, China and the Far East, Australia, New Zealand, South America, Central America and the Caribbean. Featuring three intimate and elegant mid-sized ships, Regatta, Insignia and Nautica, the line will introduce two new mid-size Oceania Class ships to its award-winning fleet in 2010 and 2011. For additional information, to make a reservation, or to order a brochure, please contact the cruise travel experts at Cruise Vacation World.