March 14, 2002

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Contact: NMB Public Information Line -- (202) 692-5050

Re: Gulfstream International Airlines and the IBT Reach Tentative Agreement

Washington, D.C.--The National Mediation Board is pleased to announce that Gulfstream International Airlines and the International Brotherhood of Teamsters, representing the pilots have reached a tentative contract agreement.

Mediation began in October, 2001 and was guided by mediator Sam Cognata.

Specific information regarding the contract or its provisions should be obtained directly from the parties.

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