Tokyo November 16, 2006 - ANA today filed an application with Japan's Ministry of Land, Infrastructure and Transport to lower its fuel surcharge on international tickets issued on or after January 1 this year.

"In line with the recent fall in the price of aviation fuel, we are pleased reduce the level of our fuel surcharge on international flights, as we promised when it was introduced," said ANA President and CEO, Mineo Yamamoto. "However, despite the fall, the price of fuel remains at a very high level and it is with reluctance that we must continue to pass on part of this burden to our customers, while doing our best to curb costs from our side," he continued.

The international fuel surcharge was introduced in February, 2005, along with provisions for its reduction or removal should certain market conditions be met. The conditions for further reduction are thus: the price of fuel is ascertained on the 10^th day of every month. If for the preceding 30 consecutive days it has remained below US$75 per barrel, the surcharge will be lowered to the levels shown in chart (2) below. Likewise, if the market price continues to fall, it will be further reduced. The fuel surcharge will be discontinued completely if the market price drops below US$40 per barrel for 30 consecutive days. Changes come into effect from the first day of the following month.