Silversea Cruises Extends Simplicity Pricing Program to Select 2003 Voyages; Guests Can Now Save Up To 50% On Silversea's Most Desired Cruise Destinations For 2003.

Business & Travel Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 15, 2002

Ultra-luxury Silversea Cruises announced today that it has extended its highly successful Simplicity Pricing program to include 50 voyages scheduled between January 3 through June 10, 2003. Simplicity Pricing is an extraordinary savings program that allows guests to save up to 50% off the cruise-only fares of Vista and Veranda Suites. Silversea's 2003 voyages that are now available for savings include the highly desired cruise regions of the Caribbean, South America, South Pacific, Australia/New Zealand, Mediterranean, and Africa.

The extension of the savings program is designed to encourage continued numbers of guests to enjoy Silversea's award-winning cruise experience. Under the Simplicity Pricing program, Silversea has set a pre-assigned, easy-to-understand, savings amount to particular voyages. Depending on the voyage selected, guests can purchase cruise-only Vista and Veranda Suites at savings of up to 50%. Simplicity Pricing is subject to availability and is valid for all new cruise bookings made by January 31, 2003, and is not applicable to land, hotel and air programs.

Since the launch of Simplicity Pricing in May of this year for voyages in the second half of 2002, the program has earned overwhelming popularity and success among travel agents and consumers. As a result, the company has decided to extend Simplicity Pricing for selected 2003 voyages.

"Silversea recently experienced one of its most successful Mediterranean seasons ever and we attribute the strong business to the huge customer appeal of Simplicity Pricing," said Albert Peter, Silversea's Chief Executive Officer. "Consumers are anxious to get back to traveling, and special incentives and promotions are working well to entice consumers in today's new travel environment."

Added Peter, "Silversea's new Simplicity Pricing program is being responsive to the changing demands of the marketplace, but at the same time making it easier for travelers to see the value of a Silversea vacation when compared to other luxury cruise options. The cruise-only nature of Simplicity Pricing also allows guests to customize their cruise vacations while realizing tremendous savings."

Silversea is still seeing an increase of guests confirming travel plans closer to departure than in the past. The entire travel industry is finding solutions and ways to adjust to this growing trend. Silversea anticipates the extension of its Simplicity Pricing program will entice travelers to fully commit to 2003 vacation plans sooner.

A small sample of the 2003 voyages available for savings under Simplicity Pricing is as follows:

- $1,895 per person for 6 days aboard Silver Whisper. Depart from Colon, Panama, on April 6, 2003, and sail to San Juan, Puerto Rico. Ports of call include George Town (Grand Cayman), Montego Bay (Jamaica), and La Romana (Dominican Republic). Voyage #4306 - 50% Savings.

- $2,095 per person for 7 days aboard Silver Cloud. Depart from Oranjestad, Aruba, on January 19, 2003, and sail to Bridgetown, Barbados. Ports of call include Scarborough (Tobago), St. Georges (Grenada), Roseau (Dominica), Pointe a Pitre (Guadeloupe), and Castries (St. Lucia). Voyage #1303 - 50% Savings.

- $2,695 per person for 9 days aboard Silver Cloud. Depart from Fort Lauderdale, Florida, on January 3, 2003, and sail to Colon, Panama. Ports of call are Key West, Cozumel, Belize City, San Andres Island (Colombia), and Puerto Limon (Costa Rica). Voyage #1301 - 50% Savings.

- $2,895 per person for 9 days aboard Silver Cloud. Depart from San Juan, Puerto Rico, on March 18, 2003, and sail to Bridgetown, Barbados. Ports of call include Oranjestad (Aruba), Bonaire (Netherlands Antilles), Caracas (Venezuela), St. Georges (Grenada), St. Johns (Antigua), and Castries (St. Lucia). Voyage #1309 - 50% Savings.

- $2,995 per person for 7 days aboard Silver Shadow. Depart from Mahe, Seychelles, on March 20, 2003, and sail to Mombassa, Kenya. Ports of call include La Digue (Seychelles), Dar es Salaam (Tanzania), and Zanzibar (Tanzania). Voyage #3307 - 30% Savings.

- $4,195 per person for 9 days aboard Silver Whisper. The America's Cup Voyage: Guests can enjoy all the excitement of The America's Cup as the ship follows the races and regatta festivities. Round-trip cruise departing Auckland, New Zealand, on February 14, 2003. Ports of call include Kawau Island (New Zealand), Bay of Islands (New Zealand), and Tauranga (New Zealand). Voyage #4303 - 35% Savings.

- $4,795 per person for 10 days aboard Silver Shadow. Depart from Buenos Aires, Argentina, on January 3, 2003, and sail to Ushuaia, Argentina. Ports of call include Buenos Aires (Argentina), Montevideo (Uruguay), Punta del Este (Uruguay), and Punta Arenas (Chile). Voyage #3301A - 25% Savings.

Note: Above rates are per person, cruise-only, new guest prices for "Vista Suites" after Simplicity Pricing discount. Additional discounts may apply for Silversea's Venetian Society members.

For full terms and conditions on Silversea's Simplicity Pricing program, consumers are encouraged to contact their travel agent. Further details of the Simplicity Pricing program and applicable savings for voyages are available online at http://www.silversea.com.

Silversea Cruises is recognized as an innovator in the luxury segment, offering guests large-ship amenities aboard intimate vessels designed to offer an atmosphere of conviviality and casual elegance. The recent launch of all-suite luxury sister ships Silver Shadow and Silver Whisper continues Silversea's award-winning service excellence and sophistication with new features and amenities aboard vessels catering to just 382 guests. For the sixth consecutive year, Silversea Cruises was named best small-ship line in the 2001 readers' survey conducted by Conde Nast Traveler magazine. For the fourth time, Silversea was selected "Number One" small-ship line in Travel + Leisure World's Best Awards 2002.

For more information on Silversea Cruises, please contact a travel agent. For a complimentary brochure, please call [phone] or visit http://www.silversea.com.