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Silversea Names Roberto Martinoli and Jay Witzel to Its Board of Directors

(3 November 2010) Ultra-luxury Silversea Cruises today announced two new appointments to its board of directors: Roberto Martinoli and Jay Witzel.

Enzo Visone, executive chairman of Silversea, released the following statement:

At the beginning of 2010 Silversea began a process to strengthen its board of directors with the objective of being aligned with the requirements of structured and professional corporate governance seen today in most major companies of international repute.

Today we are pleased to announce further additions to our board which further contribute to this initial objective. Effective 1 November 2010, Silversea welcomes two illustrious figures: Roberto Martinoli and Jay Witzel.

Roberto Martinoli, an Italian, is a naval architect and marine engineer by training, and is considered today as one of the major experts within the cruise industry, in particular in the field of fleet operations. Today he is at the helm of a major Italian ferry company, Grandi Navi Veloci, and was previously president of Norwegian Cruise Line based in Miami. He has also held senior positions within the Carnival Group.

Jay Witzel, an American, has had a successful career in the hotel and cruise industries, with his major positions having been president and CEO of both Carlson Hotels Worldwide and Carlson Cruises, the previous owner of Regent Seven Seas Cruises. He began his career with Hyatt Hotels and his experience gained throughout his career in the hospitality industry is unrivalled.

The remaining members of the board remain unchanged, bringing the total to five, with Giorgio Scelsi, Enzo Visone and of course Manfredi Lefebvre d'Ovidio, chairman of Silversea Cruise Group, owning entity of Silversea Cruise Holding and representative of the ultimate owners, the Lefebvre family trusts.

These nominations not only underline the long-term commitment that Manfredi Lefebvre has towards Silversea and the cruise industry, but also enhances the ability for Silversea to achieve its ambitions aimed at continuing growth and to further enhance its position as leader in the ultra-luxury segment of our exciting cruise industry.

About Silversea Cruises
Silversea Cruises is recognised as an innovator in the luxury cruise line industry, offering guests large-ship amenities aboard its intimate, all-suite vessels: Silver Cloud, Silver Wind, Silver Shadow, Silver Whisper and Silver Spirit – all designed to offer an atmosphere of conviviality and casual elegance. With the inclusion of the regal expedition ship Prince Albert II, Silversea Cruises' itineraries encompass all seven continents and feature worldwide luxury cruises to the Mediterranean, Caribbean, both polar regions and over 400 fascinating destinations in between.

In the US, Silversea has been voted "World's Best" by the readers of Condé NastTraveler (nine times) and Travel + Leisure (seven times), and ratedNumber-One luxury cruise line by high-net-worth consumers in the 2008 Luxury Brand Status Index (LBSI). International awards include "Best Innovation in Products and Services" from the Italian Innovazione Marketing Oggi Awards (2009); "World's Leading Small Ships Cruise Line" from World Travel Awards (2009); "Five Star Diamond Award" from the American Academy of Hospitality Sciences (2010); "Number One" small-ship line in the Readers' Choice survey conducted by Britain's Condé Nast Traveller magazine (2010); "Best Luxury Cruise Line" Excellence Award by Spain's Cruise News Media Group (2009); "Best Luxury Cruise Line" by Australia's Luxury Travel & Style Magazine (2010); and "Best Luxury Cruise Operator" according to Travel Weekly China (2010).

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For more information on Silversea Cruises, please contact a travel agent.
For a complimentary brochure, please call toll-free (US) 877.215.9986 or visit www.silversea.com.

This press release was accurate at the date of issuance. It is the reader's responsibility to verify its continued accuracy, as information contained in the release may have changed.

Media Relations Contacts:

Americas
Brad Ball
Email: BradB@Silversea.com
Phone: (954) 713.4030 (USA)

Gina Finocchiaro
Email: GinaF@Silversea.com
Phone: (954) 713-4029 (USA)

Asia Pacific
Cait Gargett
Email: CaitS@Silversea.com
Phone: +61 2 9255 0600 (Australia)

Continental Europe, Russia, Ukraine
and CIS Countries, Israel, Africa

Jerome Danglidis
Email: jeromed@Silversea.com
Phone: +377 97 70 22 54 (Monaco)

UK, Ireland and Middle East
Anil Swarup
Email: AnilS@Silversea.com
Phone: +44 (0) 207 920 7023 (UK)