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Ambassadors Acquires Columbia Queen

Maritime Activity Reports, Inc.

October 17, 2006

Ambassadors International, Inc. announced that its wholly-owned subsidiary, Ambassadors Cruise Group, has acquired the 150-passenger river cruise ship, Columbia Queen. David Giersdorf, President of Ambassadors Cruise Group, said, "We are pleased to add a seventh U.S.-flagged cruise vessel to our Majestic America Line fleet. The Columbia Queen is a spectacular, deluxe cruise ship that will operate extraordinary itineraries on the Columbia and Snake Rivers. We look forward to introducing her into operations in the summer of 2007."

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