Miami, FL,  — In response to the continually escalating price of fuel, Oceania Cruises is increasing its fuel surcharge* to $10 per guest per day for all new reservations effective May 1, 2008. The surcharge applies to all currently published sailings.

“The price of fuel continues to rise in price to levels that were previously unimaginable. We appreciate the continued understanding of our guests and travel agent partners as we make this necessary adjustment,” stated Bob Binder, President of Oceania Cruises .

The fuel surcharge of $10 per guest per day, regardless of voyage length, is effective for all new reservations as of May 1, 2008. The fuel surcharge applies only to the first two guests in the stateroom or suite and does not apply to third or fourth guests.

About Oceania Cruises

Oceania Cruises , a Prestige Cruise Holdings company, 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 Cruises ceania Cruises 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 Travel Agent or Oceania Cruises at 800-531-5658. Visit us at www.OceaniaCruises.com.

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.

SOURCE:
Oceania Cruises, Inc.

SANTA CLARITA, Calif. - Tahitian Princess, one of the small ships in the Princess fleet, will be renamed in 2009, becoming Ocean Princess. The new name is intended to reflect the ship’s new deployment on worldwide itineraries. The renaming will take place while the ship is out of service during a routine maintenance period in Singapore in November 2009.

During next year’s fall season, Pacific Princess, another of the line’s small vessels, will provide cruises from Papeete, Tahiti, where the Tahitian Princess has been based.

“Tahitian Princess, along with our other two small ships, has developed a loyal following of passengers who enjoy a more intimate cruise experience, and also the opportunity to visit some off-the-beaten-path destinations,” said Jan Swartz, Princess’ senior vice president of customer service and sales. “As this ship is now sailing on itineraries around the world, we felt its name should reflect a more global theme.”

Tahitian Princess joined the Princess fleet in 2002, and has been primarily deployed on sailings in the South Pacific, particularly French Polynesia and Hawaii. Beginning this summer, the ship sets off on new worldwide deployments, featuring a Connoisseur’s cruise in Alaska, a world cruise in early 2009 and a season of unique Northern Europe sailings next summer. Following the 2009 renaming, Ocean Princess will sail on a series of Asia voyages to be announced separately.

Additional information about Princess Cruises is available through a professional travel agent by calling 1-877-325 7522.