April 30, 1999

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

RE: Trans World Airlines & International Association of Machinists

(Nmb case nos. A-12913, a-12914 and A-12949)

THE MEDIATION IN THE ABOVE CASES, THAT WAS SCHEDULED FROM APRIL 26 THROUGH APRIL 30, 1999, IS ONGOING AND WILL CONTINUE.

THE NATIONAL MEDIATION BOARD HAS DIRECTED, AND THE PARTIES HAVE AGREED, THAT A TOTAL BLACKOUT APPLIES TO THE SUBSTANCE OF ANY MATTERS DISCUSSED FOR THE DURATION OF THESE MEDIATION SESSIONS.