Marriott International Elects Larry Kellner to Board of Directors

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Jun 27, 2002

Marriott International Elects Larry Kellner to Board of Directors

Marriott International Elects Larry Kellner to Board of Directors

WASHINGTON, June 27 /PRNewswire-FirstCall/ -- Marriott International, Inc. (NYSE: MAR - News) today announced that Larry Kellner, president and a member of the board of directors of Continental Airlines, Inc. (NYSE: CAL - News), has been elected to Marriott's board of directors, effective July 1.

President of Continental since May 2001, Mr. Kellner is responsible for the airline's financial operations, sales and marketing, alliances and corporate development, scheduling, pricing, reservations, technology, and corporate real estate functions. He joined the airline in 1995 as senior vice president and chief financial officer.

J.W. Marriott, Jr., chairman and chief executive officer of Marriott International, said, "We are very pleased that Larry Kellner has agreed to join our board. As Marriott continues its global growth, we will benefit from Larry's superb operating background, deep financial expertise and his insights into today's rapidly evolving travel industry."

Prior to joining Continental, Kellner was executive vice president and chief financial officer of American Savings Bank, and earlier was executive vice president and chief financial officer of The Koll Company. Beginning his career at Ernst and Young, Mr. Kellner has the distinction of being the first three-time winner in the history of the CFO Excellence Awards presented by CFO magazine.

Mr. Kellner also serves on the boards of directors of Orbitz.com and Belden & Blake Corporation. Active in numerous community and civic organizations, he is a board member of the YMCA of the Greater Houston Area and the Spring Branch Education Foundation. Mr. Kellner, as student body president, received his B.S. degree in business administration magna cum laude from the University of South Carolina, which presented him with the Distinguished Alumni Award in 1998.

MARRIOTT INTERNATIONAL, INC. (NYSE: MAR - News), a leading worldwide hospitality company celebrating its 75th Anniversary in 2002, has nearly 2,600 operating units in the United States and 64 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Other Marriott businesses include senior living communities and services, and wholesale food distribution. The company is headquartered in Washington, D.C., and has approximately 142,500 employees. In fiscal year 2001, Marriott International reported systemwide sales of $20 billion. For more information or reservations, please visit the web site at http://www.marriott.com.

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