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WILMINGTON TRUST ISSUES STATEMENT

 WILMINGTON, Del., March 11 /PRNewswire/ -- Continental Airlines, Inc. and Wilmington Trust Company (NASDAQ: WILM), as Trustee have reached an agreement settling the adequate protection issues raised by Wilmington Trust in connection with the February 1991 Omnibus Motion and subsequent motions filed by Wilmington Trust seeking adequate protection in "In re Continental Airlines, Inc., et al.," as well as all claims arising under the Secured Equipment Indenture and Lease Agreement dated as of April 15, 1986 between Wilmington Trust and Continental.
 A hearing to consider the settlement agreement between Continental and Wilmington Trust will be held on March 16, 1993, at 9:30 a.m. before The Honorable Helen S. Balick, U.S. Bankruptcy Court, 844 King St., Wilmington, Del., 19801. The document or documents setting forth the terms of the settlement agreement may be obtained by requesting copies from Robert S. Brady, Young, Conaway, Stargatt & Taylor, 11th Floor, Rodney Square North, P.O. Box 391, Wilmington, Del., 19899-0391, 301-571-6642, Attorneys for Continental.
 /delval/
 -0- 3/11/93
 /CONTACT: Bruce L. Bisson, 302-651-8584/
 (WILM)


CO: Wilmington Trust Company; Continental Airlines, Inc. ST: Delaware IN: FIN SU:

MP -- PH025 -- 5199 03/11/93 15:20 EST
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Publication:PR Newswire
Date:Mar 11, 1993
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