Letter Written by Titanic Passenger Uncovered

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Jason D. Tiller

Hi all,

I thought you might be interested in this article:

RMS Titanic, Inc. Uncovers Letter Written by Titanic Passenger
'I Wish the 'Titanic' Were Lying on the Bottom of the Ocean.' -- Edgar Samuel Andrew, Titanic Passenger, April 8, 1912
ATLANTA, April 10 /PRNewswire/ -- Eighty-nine years after the sinking of the TITANIC, a conservation team and researchers from RMS Titanic, Inc. (OTC Bulletin Board: SOST - news; the company owning the salvage rights to the famous ship) discovered that a suitcase brought up from the wreck site this past summer contained the personal belongings of a seventeen- year-old man named Edgar Samuel Andrew. Mr. Andrew, a citizen of Argentina, boarded the Titanic in Southampton, England, not far from where he was attending school.

Ironically, an exhibit of Titanic artifacts opened in Argentina in March 2001, and researchers were able to locate the family members of Edgar Samuel Andrew. Further investigation revealed a remarkable letter sent by Andrew to his friend in Argentina, Josey Cowan, just two days before he was to board the TITANIC.

Edgar had purchased a ticket to board the Steamship OCEANIC, but due to a coal strike, he was forced to change his ticket and go aboard the TITANIC. He wrote:

``You figure, Josey, I had to leave on the 17th this (month) aboard the ''Oceanic``, but due to the coal strike that steamer cannot depart, so I have to go one week earlier on board the ''Titanic``. It really seems unbelievable that I have to leave a few days before your arrival, but there's no help for it, I've got to go''.

``You figure, Josey, I am boarding the greatest steamship in the world, but I don't really feel proud of it at all, right now I wish the 'Titanic' were lying at the bottom of the ocean''.

The suitcase and its contents, including some clothing, letters, schoolbooks and other personal items are undergoing conservation so that they can be displayed along with other recovered objects as TITANIC, THE ARTIFACT EXHIBIT continues to tour the world. The exhibits, which have already attracted over seven and a half million visitors, are produced by SFX Exhibitions, Inc. and are currently open in Buenos Aires, Seattle, Baltimore, Kansas City and will open in Nashville on May 4, 2001.

Formed in 1987, RMS Titanic, Inc. was granted salvor-in-possession rights to the wreck of the TITANIC by a United States Federal Court order in 1994 and reconfirmed again in 1996. The court award includes the exclusive rights to own all of the objects recovered from the TITANIC wreck site. During the years 2000, 1998, 1996, 1994, 1993 and 1987, research and recovery expeditions conducted by RMS Titanic, Inc. have recovered approximately 6,000 artifacts from the TITANIC wreck site. For more information about the Company, visit the RMS Titanic, Inc. Web site at www.rmstitanic.net.

In addition to historical information contained in this press release, certain matters discussed above are ``forward-looking statements'' intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company ``believes,'' ``anticipates,'' ``expects,'' or words of similar import. Similarly, statements that describe the Company's future plans, objectives or goals are also forward-looking statements. All of these forward-looking statements are subject to certain risks and uncertainties, which may cause actual results to differ materially from those currently anticipated, including, but not limited to, possible delays in or obstacles to implementation of the Company's expedition plans. Shareholders, potentials investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Shares of RMS Titanic, Inc. are publicly traded (Bulletin Board) under the symbol ``SOST.''

Best regards,

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