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Altimeter Capital And Par Capital Provide Additional Information On The Six Stockholder Nominees For The United Continental Board Of Directors Stockholders Launch

The following excerpt is from the company's SEC filing.

www.UnitedCourseCorrection.com

MENLO PARK, CA and BOSTON, April 5, 2016 – On March 8, 2016, Altimeter Capital Management, LP (Altimeter), a long-term owner of United Continental Holdings, Inc. (NYSE: UAL) (United), nominated six highly qualified professionals for the United Board of Directors at this year’s annual stockholder meeting, which is expected to be held in June. Altimeter and its partner in this effort, PAR Capital Management, Inc. (PAR), collectively own approximately 7.1% of United’s outstanding common stock.

To provide more information about why change is urgently required on the United B oard, Altimeter and PAR today launched

The website consolidates previously released information and highlights the outstanding backgrounds and track records of the six stockholder nominees, including nominee statements and endorsements. In the coming weeks, the website will also include a more detailed stockholder analysis illustrating the United Board’s failure and the need for change.

Altimeter and PAR expect to update the website regularly, with additional information about their views on United and its Board, as well as the six stockholder nominees. Directly on the

website, interested parties can sign up to receive notices of future press releases and proxy materials regarding the stockholder campaign to nominate a minority Board slate at United.

As stockholders interested in United’s long-term health and performance, Altimeter and PAR believe that the United Board has been ineffective at driving performance of the company and stock, despite United having industry-leading assets...


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