Reminder - MEDIA ADVISORY: Mayor Villaraigosa to Announce Expansion of International Air Service at LAX in Boost to Regional Economy

Market Wire, March, 2008

WHAT: Los Angeles Mayor Antonio R. Villaraigosa will be joined by U.S.
      Department of Transportation Secretary Mary Peters (via satellite),
      Virgin Group Founder and Chairman Sir Richard Branson and Virgin
      Blue Group co-founder and CEO Brett Godfrey at a news conference
      to announce the start of service between Australia and Los Angeles
      International Airport (LAX) on V Australia, Virgin Blue Airlines'
      new long-haul air carrier.

      During the news conference, officials will announce V Australia
      Airlines will use the first of 10 weekly allotments to launch
      non-stop service between Sydney and LAX beginning December.

      The addition of V Australia's new air service at LAX will create
      more local jobs and foster the opportunity for economic growth in
      the City of Los Angeles and throughout the region.  Based on an
      economic analysis of overseas flights at LAX by the Los Angeles
      County Economic Development Corporation, the V Australia flights will
      generate an annual economic impact of up to $872 million, and sustain
      as many as 4,340 jobs with total wages of $218 million.

      V Australia will be the ninth air carrier to begin or announce new
      international service to LAX in the past year, which continues a
      trend toward increased international air travel at LAX.  In total,
      the nine carriers will have added 126 arrivals and departures per
      week at LAX, with an estimated annual economic impact of more than
      $5.6 billion.  Overall, the new services will sustain 28,000 jobs
      paying wages totaling $1.4 billion.

WHO:  - Mayor Antonio R. Villaraigosa
      - U.S. Department of Transportation Secretary Mary Peters
       (via satellite)
      - Founder & Chairman of Virgin Group Sir Richard Branson
      - Co-founder & Chief Executive Officer of Virgin Blue Group
        Brett Godfrey

WHEN: Monday, March 31, 2008 at 10:30 a.m.

WHERE: LAX Tom Bradley International Terminal
       Upper/Departures Level Ticketing Aisle A

MEDIA PARKING: Broadcast-equipped media vehicles ONLY displaying LAX Media
               Parking Permits may park terminal curbside on the
               Upper/Departures Level between Terminal 3 and TBIT, and
               TBIT and Terminal 4.  All other media may park in Parking
               Structures 3 or 4.  Parking will be validated.

CONTACTS: Office of the Mayor Darryl Ryan (213) 978-0741 LAX Public Relations (310) 646-5260 24-hour pager: (310) 523-8994