Hornblower Yachts Selected as Best Proposal for Award of the Contract at Statue of Liberty and Ellis Island Ferry Operation

FOR IMMEDIATE RELEASE

June 29, 2007

Contact: Tegan Firth

415-983-8208

tfirth@hornblower.com



Hornblower Yachts Selected as Best Proposal for Award of the Contract at Statue of Liberty and Ellis Island Ferry Operation

Service Will Operate Under New Business Unit Statue Cruises

San Francisco – The National Park Service (NPS) announced today that Hornblower Yachts, Inc. has been selected as the best proposal to provide the ferry transportation to the Statue of Liberty National Monument and Ellis Island. Hornblower Yachts has selected the name Statue Cruises for the division of the company that will operate this service.

Hornblower was selected in a competitive bid process. Companies interested in providing the service were asked to submit proposals to the NPS by April 29, 2007. Hornblower was selected from a pool of six qualified proposals. Statue Cruises is expected to commence the 10 year contract as early as October 2007.

"Statue Cruises is grateful for the confidence the NPS has shown in us. We will focus on exploring ways to improve and expand the visitor experience. We look forward to working with the NPS and other partners and we look forward to being an active member of the community of New York City and northern New Jersey," said Terry MacRae, CEO of Hornblower Yachts, Inc.

Alcatraz Cruises, a subsidiary of Hornblower, provides ferry transportation for visitors to Alcatraz Island, part of the Golden Gate National Recreation Area. Hornblower Cruises & Events, established in 1980, operates 32 luxury yachts for charter, dining and sight seeing cruises in San Francisco, Berkeley, Long Beach, Marina del Rey, Newport Beach and San Diego. Hornblower Marine Services manages ferry operations at locations throughout the United States and around the world.

###
Hornblower Cruises & Events has been the leading charter yacht and public dining cruise company in California for over 27 years. Hornblower has a total of 32 vessels in use in ports in San Francisco, Berkeley, Long Beach, Newport Beach, Marina del Rey and San Diego. Alcatraz Cruises, a business unit of Hornblower Cruises & Events, is the official National Park Service concessioner of the water transportation services to Alcatraz Island.