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Priceline.Com Has Late Summer Airline Tickets Available At Name Your Own Price(R) Savings Up To 50% Off Published Fares; Substantial Savings on Round-Trip Flights to Cities Around the U.S.

Posted on: Wednesday, 23 August 2006, 09:00 CDT

Priceline.com(R) (Nasdaq: PCLN) said today that it has last-minute airline tickets available for round-trip flights to cities around the U.S. at savings of up to 50% off current published fares. For the best chance at these savings, priceline.com customers should use priceline.com's Name Your Own Price(R) airline tickets service and travel between now and August 31, 2006. Prices and availability can change at any time.

"The weeks right before and right after Labor Day are often softer times for the nation's airline industry in terms of ticket demand," said Mark Koehler, an airline industry veteran and priceline.com's Senior Vice President, Air. "The late August 'shoulder' season is proving to be an excellent time for bargain hunters to make offers and get exceptional deals on unsold tickets. It's also likely that similar Name Your Own Price(R) fare savings will emerge immediately after the holiday."

Priceline.com's Name Your Own Price(R) airline tickets service is unique and different from published-price Internet reservation services. With the Name Your Own Price(R) service, customers choose their airports, travel dates and price. Priceline.com then works to find an airline willing to sell at ticket at the customer's desired price. If their offer is accepted, the non-changeable, non-cancellable ticket is purchased and customers receive details regarding the specific airline, flight times and itinerary. For customers requiring specific flight times or airlines, priceline.com also offers a ticketing option where all the fares, airlines and itineraries are displayed before purchase.

In addition to airline tickets, priceline.com also has hotel rooms, rental cars, air/hotel vacation packages and cruises available at great prices for late summer vacations.

About Priceline.com

Priceline.com is the leading travel service for value-conscious leisure travelers. No other travel service gives customers more ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises. In addition to getting all the best published prices, leisure travelers can narrow their searches using priceline.com's TripFilter(TM) advanced search technology, create packages to save even more money, and take advantage of priceline.com's famous Name Your Own Price(R) service, which delivers the lowest prices available.

Priceline.com operates one of Europe's fastest growing hotel reservation services through Activehotels.com, Activereservations.com, Bookings.net and priceline.co.uk. The company also operates the following travel web sites: Travelweb.com, Lowestfare.com, RentalCars.com and BreezeNet.com. Priceline.com also has a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee. Priceline.com licenses its business model to independent licensees, including priceline mortgage and certain international licensees.

Source: Business Wire

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