1st Day of Australia and New Zealand Cruise Sale Leads to Record Bookings for Oceania Cruises

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Miami, FL, August 16, 2006 ”Oceania Cruises announced that August 15th set a new record for the number of new reservations and associated revenue for any single day in the companys history. On August 15th, the company took 856 new reservations which account for approximately $10.9 million in new revenue.

Oceania Cruises opened its new Australia and New Zealand itineraries for sale on August 15th and the booking levels have far exceeded managements expectations. The company also noted that it is experiencing unprecedented demand for the 2007 European season and that occupancy and yield performance for season are exceptional.

œThe extraordinary demand for the Oceania Cruises experience speaks volumes to our superior product delivery, exceptional value proposition and the overall level of confidence in overseas travel, stated Frank Del Rio, President and CEO of Oceania Cruises.

The companys new Australia and New Zealand itineraries were launched yesterday and approximately 30% of the inventory has already been sold with two voyages more than 50% sold.

The 2007 European season is also experiencing record demand with close to 50% of the entire seasons inventory already booked. Oceania Cruises three ships are deployed in Europe from April through November and feature 53 departures on 21 distinct itineraries to the Mediterranean, Greek Isles and Scandinavia. Oceania Cruises offer of free airfare and 2 for 1 cruise fares for the 2007 European season expires on August 31st at which time fares on many voyages will be raised.

Simply the Best

For the third year in a row, in a testament to the exceptional quality and outstanding value that Oceania Cruises provides its guests, the savvy and sophisticated readers of Travel + Leisure Magazine have ranked Oceania Cruises as one of the worlds top three cruise lines. This prestigious award reaffirms the lines unique brand positioning ahead of the leading premium lines and in the esteemed company of the worlds most respected luxury brands.

About Oceania Cruises

Oceania Cruises is the worlds only upper-premium cruise line. Featuring a fleet of intimate and luxurious 684-guest ships, Regatta, Insignia and Nautica, Oceania Cruises sails to the most alluring ports in Europe, China and the Far East, Australia, New Zealand, South America and the Caribbean. Combining the finest cuisine at sea, exceptional personalized service, luxurious accommodations and extraordinary value, Oceania Cruises is setting a new, worldwide standard for luxury cruising. 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 OceaniaCruises.com.