Atlas Air Worldwide Holdings (AAWW) CEO to Ring the NASDAQ Stock Market Opening Bell

Company Celebrates Listing


MEDIA ADVISORY, July 21, 2006 (PRIMEZONE) --


 What:
 William J. Flynn, CEO of Atlas Air Worldwide Holdings (AAWW) will preside  
 over the opening bell to celebrate its listing on the NASDAQ.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Monday, July 24th, 2006 at 9:30 a.m. EDT

 Contacts:

 Media:
 Regina Milano
 (914) 701-8417
 regina.milano@atlasair.com

 Investors:
 Dan Loh
 (914) 701-8200
 dan.loh@atlasair.com

 NASDAQ MarketSite:
 Stephanie Lowenthal; (646) 441-5220

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Atlas Air Worldwide Holdings (AAWW):

AAWW is the parent company of Atlas Air, Inc. (Atlas) and Polar Air Cargo, Inc. (Polar), which together operate the world's largest fleet of Boeing 747 freighter aircraft.

AAWW, through its principal subsidiaries Atlas and Polar, offers scheduled air cargo service, cargo charters, military charters, and ACMI aircraft leasing in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis.

AAWW's press releases, SEC filings and other information may be accessed through the Company's home page, www.atlasair.com.