December 20, 2002

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

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

Re: PSA Airlines and IBT Reach Tentative Agreement

Washington, D.C. -- The National Mediation Board is pleased to announce that PSA Airlines and the International Brotherhood of Teamsters (IBT) reached a tentative contract agreement on December 17, 2002, covering the craft or class of Fleet and Passenger Service Employees. Mediation was guided by Mediator Terri Brown and Senior Mediator Les Parmelee.

The agreement is subject to union member ratification. Specific information regarding the contract or its provisions should be obtained directly from the parties.

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