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Continental Airlines Contributes an Additional $50 Million to its Pension Plans

Sept. 11, 2007

Continental currently expects to contribute more than $325 million to its pension plans in 2007, significantly exceeding its minimum funding requirement of $187 million for the year.

HOUSTON , Sept. 11 /PRNewswire-FirstCall/ -- Continental Airlines(NYSE: CAL) today announced that it has contributed an additional $50 millionin cash to its defined benefit pension plans, bringing its total year-to-datepension contribution to $261 million.

"We continue to focus on doing the right things for our co-workers andfulfilling our pension commitments," said Chairman and CEO Larry Kellner.

Continental currently expects to contribute more than $325 million to its pension plans in 2007, significantly exceeding its minimum funding requirement of $187 million for the year.

SOURCE Continental Airlines