Continental Airlines Announces New Daily Service From Lagos to Houston, Texas, U.S.A.

First daily scheduled service offered between Africa and Texas

LAGOS, Nigeria, June 14, 2010 - Continental Airlines (NYSE: CAL) today announced plans to launch new
daily nonstop flights between Lagos and Houston, Texas, U.S.A., beginning
Nov. 11, 2011 (westbound), subject to government approval. It will be the
first daily scheduled service offered between Africa and Texas by any
carrier.

Lagos will be Continental's first destination in Africa and the 30th city
in its trans-Atlantic route network. Houston's George Bush Intercontinental
Airport is the airline's largest hub, with 663 daily non-stop flights to 167
destinations in the U.S., Latin America, Europe and Asia.

"We are excited to continue to expand our international route network
from Houston by adding nonstop service to Lagos," said Jeff Smisek,
Continental's chairman, president and chief executive officer. "This flight
will link two energy capitals and fill the growing demand for nonstop service
between the two cities — a route which is currently not served by any other
airline."

On May 3, Continental announced that it has agreed to merge with United
Airlines in a merger of equals to create the world's leading airline. The
success of the Lagos-Houston route will be enhanced by the additional traffic
flows through Houston that are expected to result from the merger.

Proposed Schedule

Continental will operate the approximately 6,500-mile flight with a
Boeing 787-8 Dreamliner aircraft, seating 36 customers in BusinessFirst, its
award-winning business class, and 192 customers in economy class. Flying
times will be approximately 12 hours 30 minutes westbound and 11 hours
eastbound. The new flight will reduce travel time between the two cities by
over four hours by eliminating any connection en route.

The preliminary schedule for the new service is as follows:

           Leave Lagos     Arrive Houston   Leave Houston   Arrive Lagos

    Winter  11:10 a.m.  4:40 p.m. (same day)  3:45 p.m.  9:40 a.m. (next day)
    Summer  10:45 a.m.  4:40 p.m. (same day)  3:50 p.m.  9:15 a.m. (next day)

The flight will be timed to provide convenient connections at
Continental's Houston hub to more than 100 other cities throughout the U.S.,
Canada, Latin America and the Pacific. Continental will begin taking
reservations and selling tickets on the new route later this year.

About Houston

Houston, the fourth largest city in the United States, is the home of 25
Fortune 500 companies and more than 3,600 energy-related firms, making it one
of the energy capitals of the world. Famous as the location of Mission
Control for NASA's Space Program, the city is also renowned for its Theater
District, home to eight performing arts organisations, and for the Houston
Livestock Show and Rodeo, which attracts more than 1.6 million visitors each
year. Houston's Texas Medical Center is the largest medical centre in the
world.

Continental Background

Continental Airlines is the world's fifth largest airline. Continental,
together with Continental Express and Continental Connection, has more than
2,700 daily departures throughout the Americas, Europe and Asia, serving 132
domestic and 137 international destinations. Continental is a member of Star
Alliance, which overall offers more than 21,050 daily flights to 1,167
airports in 181 countries through its 27 member airlines. With more than
40,000 employees, Continental has hubs serving New York, Houston, Cleveland
and Guam, and together with its regional partners, carries approximately 63
million passengers per year.

Continental consistently earns awards and critical acclaim for both its
operation and its corporate culture. For nine consecutive years, FORTUNE
magazine has ranked Continental as the top U.S. airline on its "World's Most
Admired Companies" airline industry list. For more company information, go to
continental.com.

Important Information For Investors And Stockholders

This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities or a solicitation of any vote
or approval. The proposed merger of equals transaction between UAL
Corporation ("UAL") and Continental Airlines, Inc. ("Continental") will be
submitted to the respective stockholders of UAL and Continental for their
consideration. UAL will file with the Securities and Exchange Commission
("SEC") a registration statement on Form S-4 that will include a joint proxy
statement of Continental and UAL that also constitutes a prospectus of UAL.
UAL and Continental also plan to file other documents with the SEC regarding
the proposed transaction. INVESTORS AND SECURITY HOLDERS OF CONTINENTAL ARE
URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT
DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY
WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION
ABOUT THE PROPOSED TRANSACTION. Investors and stockholders will be able to
obtain free copies of the joint proxy statement/prospectus and other
documents containing important information about UAL and Continental, once
such documents are filed with the SEC, through the website maintained by the
SEC at www.sec.gov. Copies of the documents filed with the SEC by UAL
will be available free of charge on UAL's website at www.united.com
under the tab "Investor Relations" or by contacting UAL's Investor Relations
Department at +1-312-997-8610. Copies of the documents filed with the SEC by
Continental will be available free of charge on Continental's website at
www.continental.com under the tab "About Continental" and then under
the tab "Investor Relations" or by contacting Continental's Investor
Relations Department at +1-713-324-5152.

UAL, Continental and certain of their respective directors and executive
officers may be deemed to be participants in the solicitation of proxies from
the stockholders of Continental in connection with the proposed transaction.
Information about the directors and executive officers of Continental is set
forth in its proxy statement for its 2010 annual meeting of stockholders,
which was filed with the SEC on April 23, 2010. Information about the
directors and executive officers of UAL is set forth in its proxy statement
for its 2010 annual meeting of stockholders, which was filed with the SEC on
April 30, 2010. These documents can be obtained free of charge from the
sources indicated above. Other information regarding the participants in the
proxy solicitation and a description of their direct and indirect interests,
by security holdings or otherwise, will be contained in the joint proxy
statement/prospectus and other relevant materials to be filed with the SEC
when they become available.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains "forward-looking statements" within the
meaning of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 that are not limited to historical facts, but reflect
Continental's and UAL's current beliefs, expectations or intentions regarding
future events. Words such as "may," "will," "could," "should," "expect,"
"plan," "project," "intend," "anticipate," "believe," "estimate," "predict,"
"potential," "pursue," "target," "continue," and similar expressions are
intended to identify such forward-looking statements. These forward-looking
statements include, without limitation, Continental's and UAL's expectations
with respect to the synergies, costs and other anticipated financial impacts
of the proposed transaction; future financial and operating results of the
combined company; the combined company's plans, objectives, expectations and
intentions with respect to future operations and services; approval of the
proposed transaction by stockholders and by governmental regulatory
authorities; the satisfaction of the closing conditions to the proposed
transaction; and the timing of the completion of the proposed transaction.

All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially from those
in the forward-looking statements, many of which are generally outside the
control of Continental and UAL and are difficult to predict. Examples of such
risks and uncertainties include, but are not limited to, (1) the possibility
that the proposed transaction is delayed or does not close, including due to
the failure to receive required stockholder or regulatory approvals, the
taking of governmental action (including the passage of legislation) to block
the transaction, or the failure of other closing conditions, and (2) the
possibility that the expected synergies will not be realized, or will not be
realized within the expected time period, because of, among other things,
significant volatility in the cost of aircraft fuel, the high leverage and
other significant capital commitments of Continental and UAL, the ability to
obtain financing and to refinance the combined company's debt, the ability of
Continental and UAL to maintain and utilize their respective net operating
losses, the impact of labor relations, global economic conditions,
fluctuations in exchange rates, competitive actions taken by other airlines,
terrorist attacks, natural disasters, difficulties in integrating the two
airlines, the willingness of customers to travel by air, actions taken or
conditions imposed by the U.S. and foreign governments or other regulatory
matters, excessive taxation, further industry consolidation and changes in
airlines alliances, the availability and cost of insurance and public health
threats.

UAL and Continental caution that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk factors is
contained in Continental's and UAL's most recently filed Annual Reports on
Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports
on Form 8-K, and other SEC filings. All subsequent written and oral
forward-looking statements concerning Continental, UAL, the proposed
transaction or other matters and attributable to Continental or UAL or any
person acting on their behalf are expressly qualified in their entirety by
the cautionary statements above. Neither Continental nor UAL undertakes any
obligation to publicly update any of these forward-looking statements to
reflect events or circumstances that may arise after the date hereof.

Continental Airlines Corporate Communications, London, +44-8450-264957, or Houston, +1-713-324-5080, corpcomm at coair.com