YAP GOVERNOR THANKS AIRLINE FOR RESUMED FLIGHTS

News Release

Federated States of Micronesia Department of Youth and Civic Affairs Colonia, Yap Oct. 8, 2007

With recent communication received from Continental Micronesia, Inc. (CMI) to re-establish the original flight schedule for Yap, effective November 1, 2007, Governor Anefal responded to Staff Vice President Walter Dias, Sales and Marketing of Continental Micronesia, expressing gratitude and appreciation for the flight schedule changes. Anefal also stated his optimism for Continental to "faithfully live up to its commitment in serving Yap and the rest of Micronesia".

While this is great and "may well be the best news" which has been long awaited by people of the State and its business community, Anefal also said that "Yap has suffered immeasurably over these last few years due to the flight changes and subsequent embargo".

Furthermore, Governor Anefal re-iterated the fact that the "State Government has invested well over a million dollars in recertifying the airport fuel farm and in bringing jet fuel back to Yap," and it will continue to substantially invest in improvements of the airport and its operations as well. In that regard, the Governor calls on Continental to live up to its commitment toward enhancing economic growth and development in Yap by "aggressively utilizing your significant resources to market the beautiful island of Yap to potential customers throughout the world", as stated in Vice President Dias letter to the Governor. The Governor said that by working together, "Yap and Continental Micronesia, Inc. can strive to revitalize the stagnant economy in Yap, a result that will ultimately also be profitable to CMI".

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