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Updated News from Silversea Cruises

Silver Wind returns to service in May following multi-million dollar refurbishment
Silver Cloud to undergo renovations that will mirror those of sister ship Silver Wind
"Silver Sailings" extended to include additional voyages for 2003

Ft. Lauderdale, FL, March 3, 2003 -- Silversea Cruises announced deployment changes that will affect two of its ships. The luxury cruise line will bring Silver Wind back into service in May and will temporarily lay up Silver Cloud from October through April 2004, at which time the ship will undergo a major refurbishment. The line is also expanding its popular Silver Sailings program to include additional voyages in 2003. See Cruise News for details.

Guests Can Save up to 50% on Vista and Veranda Suites

Fort Lauderdale, FL, May 6, 2002 - Ultra-luxury Silversea Cruises announced a limited-time promotion that allows guests to save up to 50% off the cruise-only fare of Vista and Veranda Suites. The special promotion begins May 6, 2002 and is offered through year-end, subject to availability. This first-ever extraordinary savings program for Silversea is valid for new reservations on most 2002 voyages and is not applicable to land, hotel and air programs. See Cruise News for details.

Silversea Cruises Offers Enticing New Options

March 20, 2002

A new Deluxe Suite Category 
New for the 2003 season, Silversea is introducing a new suite category created for discriminating guests who prefer veranda suites in prime mid-ship locations. This new category, the Deluxe Veranda, is not physically different in any way from a regular Veranda suite with the exception of its attractive mid-ship location. It is priced slightly higher than standard Veranda suites, similar to the way resort rooms are priced based on their deluxe location and view.

Enhanced Early Booking Savings
Price integrity continues to be a cornerstone of the Silversea philosophy, providing travel agents and their clients the confidence that those who book early will receive the most generous savings without concern for last minute discounts that undercut the initial selling price. The way to achieve the ultimate savings on a Silversea cruise vacation remains booking early and paying in full.

Early booking savings will range per voyage from 5 percent up to 20 percent with a new Early Booking Incentive (EBI) program that offers attractive savings driven by consumer demand. Rather than setting eligibility around a specified date, savings will now be capacity controlled based on availability. As the sailing date approaches, the EBI may be adjusted downward. Savings will never increase over time, ensuring that guests who book early are rewarded with the greatest savings.

Silversea's Advance Payment Bonus (APB) will reward guests who book and pay in full six months prior to sailing with an additional saving of 5 percent on top of the EBI - translating into savings of up to 25 percent on some voyages. Silversea's past guests will continue to enjoy special Venetian Society savings ranging from 5 to 15 percent on designated "VS" sailings, combinable with EBI and APB saving programs.

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