NEW YORK, Feb. 23 -- MERCURY will be the name of Celebrity
Cruises' newest luxury vessel, it was announced today by the cruise line.
Construction of the 74,000-ton ship has already begun, with delivery planned
for Fall 1997. The introduction of MERCURY, third in the cruise line's new
series of technologically advanced ships, will bring the total capacity of the
Celebrity Cruises fleet to more than 9,000 berths.

"MERCURY joins her sister ships, CENTURY and GALAXY, in a continuing
tradition of luxury and innovative design," stated Richard E. Sasso,
President, Celebrity Cruises. "MERCURY will not only feature Celebrity's
signature AquaSpa(SM), high-technology Celebrity Theatre and an advanced
interactive communications system, but also will provide passengers with the
uncompromising levels of cuisine and service excellence for which Celebrity
has earned its outstanding five-star reputation."

A prominent design team that includes the original contributors to CENTURY
and GALAXY, as well as notable American designers, will create a unique
platform of style and function onboard the ship. Among unique features on
MERCURY will be two atriums, a sliding glass roof over the third swimming
pool, a special teen-age lounge, as well as an indoor/outdoor children's play
area. Over thirty percent of MERCURY's outside cabins will have private
verandas.

The 1,870-passenger ship will be constructed by Joseph L. Meyer GmbH & Co.,
Papenburg, Germany, who also built Celebrity's ZENITH, HORIZON, CENTURY
(launched in December 1995), and GALAXY (to be delivered in December 1996).

"By 1997, Celebrity's fleet will have more than tripled in capacity," stated
Richard E. Sasso. "This impressive growth has allowed Celebrity to expand
into new markets and to diversify itineraries, providing a broader spectrum of
vacation choices for the sophisticated travelers."

In only six years of operation, Celebrity Cruises has earned awards and
accolades throughout the industry, including a prestigious 5-star rating by
Berlitz, top honors in cruising from the World Ocean & Cruise Liner Society,
the top service award from Onboard Service magazine, the International Cruise
Passenger Association's "Cruise Line of the Year" award, the Society of
Incentive Travel Executive's (SITE) Achievement Award of Excellence, a 5-star
rating by Cruise & Tours, the highest rating for cuisine and suitability for
passengers 35-60 years old in Cruise Reports' "Best Ships of 1994" travel
agent survey, and three awards for best culinary recipes in the International
Cruise Ship Recipe Competition. Celebrity has again been rated, in 1995, as
one of the top 10 cruise lines by readers of Conde Nast Traveler magazine, as
it has been since its inception and has also earned a 5-star rating and
Author's Award for top value from authoritative Fielding Cruises 1995.

Celebrity Cruises sails year-round Eastern and Western Caribbean itineraries
from Ft. Lauderdale. During the fall and winter, 7-night deep and southern
Caribbean, and 10- and 11-night Caribbean itineraries depart from San Juan.
In the spring and summer, Celebrity cruises to Bermuda from New York and other
east coast cities, as well as to Alaska.

For more information contact Celebrity Cruises, 5201 Blue Lagoon Drive,
Miami, FL 33126, tel. 305-262-8322 or toll-free 800-437-3111.