Miami, FL, November 12, 2007 — As a result of the rapidly escalating price of fuel, Oceania Cruises is implementing a fuel surcharge of $7 per guest per day for all reservations that are not paid in full by December 1, 2007. The surcharge applies to all currently published sailings through April 2009.

"At the time that we set our current pricing, oil was trading at approximately $60 per barrel and it is now quickly approaching $100 per barrel. This is the first time we have implemented a surcharge and I hope our guests will understand the root cause of this necessary action,” stated Bob Binder, President of Oceania Cruises.

The fuel supplement of $7 per guest per day is effective on December 1, 2007 for all new reservations and existing reservations that have not applied final payment. Guests choosing to pay in full prior to December 1, 2007 will be exempt from this surcharge.

About Oceania Cruises

Oceania Cruises® is the world’s only upper-premium cruise line and offers a unique combination of the finest cuisine at sea, luxurious accommodations, exceptional personalized service and extraordinary value. As the leader in destination cruising, Oceania Cruises sails to more than 180 ports worldwide. Featuring three intimate and elegant mid-sized ships, Regatta, Insignia and Nautica, the line will introduce two new mid-size Oceania Class ships to its award-winning fleet in 2010 and 2011.