Ambassadors International, Inc. Announces Changes in Its Board of Directors

Ambassadors International, Inc. (Nasdaq: AMIE) (the ‘Company’) announced today changes in its Board of Directors. Kevin M. Luebbers, age 42, has resigned from the Company’s Board of Directors and as Chairman of the Company’s Audit Committee. As a result of the resignation of Mr. Luebbers, the Board of Directors has reduced the number of directors from ten to nine. The Company’s Board of Directors has appointed Arthur A. Rodney, age 67, as Chairman of the Company’s Audit Committee.

Mr. Rodney has more than 30 years experience in the cruise industry. He served as Chief Financial Officer and President of Princess Cruises from 1970 to 1986. Mr. Rodney then created Crystal Cruises, a luxury cruise line, for a large Japanese shipping company and served as its President from 1987 until 1994. In 1994, at its request to develop and oversee the operations of two large cruise ships, Mr. Rodney joined The Walt Disney Company. He served as President of Disney Cruise Line until the end of 1999. From 2000, Mr. Rodney has been an independent consultant. He also holds licenses in New York and California as a Certified Public Accountant.

Joe Ueberroth, Chairman and CEO of the Company, stated, ‘We are pleased with the appointment of Art Rodney as Chairman of our Audit Committee and look forward to his continued contributions to the Company.’

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