EPAX (MM)

Ambassadors Group, Inc. (Nasdaq:EPAX): -0- *T DATE: July 20, 2006 at 8:30 a.m. PAC / 11:30 a.m. ET DIAL IN #: 866-578-5788 INTERNATIONAL DIAL IN # 617-213-8057 PARTICIPANT PASSCODE: Ambassadors Group *T Please dial in 10 minutes prior to the scheduled start time. The CCBN Conference Administrator will greet you and ask for your name and location. You will be placed on hold (with music) until the conference begins. You will be in a listen only mode during the initial presentation but will have an opportunity to ask questions during the question and answer session to follow. If you miss the scheduled conference call, please see the Post View Access Instructions below to listen to a recording of the teleconference. WEBCAST INSTRUCTIONS: If you would like to listen to the conference call via webcast: -0- *T 1. Go to www.ambassadorsgroup.com. 2. Click on "Go to Ambassadors Group Investors Website" at the top right of page. 3. Under Current Events, click on "Q2 2006 Earnings Release". 4. Register (if first time) or Login to hear the call. *T *Post View available for 2 months following the call. POST VIEW (Replay) ACCESS INSTRUCTIONS: If you miss the scheduled conference call and need to dial in as your schedule permits to listen to a recording of the teleconference, please use the following instructions: Post View Start Date: 7/20/2006 1:30 p.m. Post View End Date: 9/20/2006 -0- *T 1. Dial in #: 888-286-8010 International 617-801-6888 2. Enter passcode: 64351509 the customized introduction plays. 3. When prompted, say your name and company name. 4. From the Main Menu, follow the prompts to start the conference call. 5. Press the following buttons to control the replay: 6. Press "3" to skip 3 seconds forward. 7. Press "2" to skip 3 seconds backward. *T -- Press "5" to reset the "3" and "2" keys to skip forward/backwards 1/10th of the total recording length. -- Press "5" again to return the settings to 3 seconds.