STAR ALLIANCE AND CAT-STREET.COM OFFER COMPETITIVE FARES AND A WORLD OF CHOICE THROUGH THE BIGGEST HONG KONG INTERNET AUCTION FOR AIR TICKETS

Star Alliance, the premier global airline network, and Cat-Street, the specialist e-commerce and online auction enterprise, have joined forces to offer Cat-Street's customers the chance to bid for more than 100 airline tickets to some of the most exciting destinations around the world.

Starting October 18, 2000 visitors to www.cat-street.com can put in their bids for flights to destinations such as Toronto, Singapore, Tokyo, Sydney, Copenhagen, Vienna, London, Paris, Berlin, Taipei, Bangkok, Los Angeles and Sao Paulo, resulting in some of the best airfare deals on the net. Star Alliance's worldwide connections mean that you can choose flights on Air Canada to Toronto, Ansett Australia's service to Melbourne, Lufthansa's wide-ranging European network or United Airlines' popular Los Angeles route.

"We can supply such a wide range of top-class destinations because of Star Alliance's amazing global reach. We have 15 airlines and they fly just about anywhere," said Robert Perrault, Chairman of Star Alliance's Steering Committee in Hong Kong. "Single airlines have taken part in online auctions before. But when an alliance like ours teams up with a major online enterprise like Cat-Street, we can give its customers a much wider choice – a world of choice, in fact."

Alois Paier, co-founder and CEO of Cat-Street, agrees with Perrault. “By working closely with the Star Alliance network, Cat-Street offers an excellent choice of exclusive airfares that represent some of the best deals to be found on the Web. This calibre of airline partners and their prime destinations add up to further confirmation of Cat-Street’s commitment to providing high-quality lifestyle products and services for its members.”

It is simple to take part in the Star Alliance airfare auction. Register as a member at the www.Cat-Street.com website and click on the Star Alliance button to submit your bids. The opening bids start from as low as HK$1,000 for a round trip ticket from Hong Kong to Singapore on United Airlines and HK$2,000 for two round trip tickets from Hong Kong to Sydney on Ansett Australia. The auction also offers you the opportunity to bid for flights to Auckland on Air New Zealand; to Chiang Mai and Trang, TH on Thai Airways; to Stockholm and Copenhagen on SAS from Beijing; and for Varig, the Brazilian airline on its Los Angeles to Sao Paulo route. When on the go, bidders may also use their WAP-enabled mobile phones to keep track and place bids directly in real-time to the website.