Ambassadors Group Announces the Appointment of a New Chief Financial Officer

Ambassadors Group, Inc. (NASDAQ:EPAX), a leading
provider of educational travel experiences, announced the appointment
of Chadwick J. Byrd as the company's new Chief Financial Officer,
effective July 8, 2005. Mr. Byrd has 10 years of experience as a
senior financial executive, including his most recent tenure with Fred
Olsen Energy ASA. Colleen McCann-Lillie has resigned as the Chief
Financial Officer of Ambassadors Group and will remain with the
company in the role of Chief Financial Officer of Ambassador Programs,
Inc., the company's primary operating subsidiary.
   Jeff Thomas, CEO and President of Ambassadors Group, Inc., stated,
"We believe that business is a team sport, and we continue to build a
stronger team each year. The addition of Chadwick Byrd adds new skills
and experiences to our management team, as well as our finance and
accounting group. We are also enthusiastic that Colleen McCann-Lillie
will continue to focus on building a better operating group in
Spokane. We are fortunate that our organization's mission, values and
culture enable us to keep adding talent."
   Mr. Byrd served as the Chief Group Controller for Fred Olsen
Entergy ASA in Oslo, Norway since 2004. He also served as the
Corporate Controller and Financial Controller between 1999 and 2003
with Fred Olsen. Headquartered in Oslo, Norway, Fred Olsen provides
international exploration and production services to the offshore oil
and gas industry. Before joining Fred Olsen, Mr. Byrd was employed by
KPMG as a Senior Financial Consultant between 1995 and 1999.
   Ambassadors Group, Inc. is a leading educational travel company
that organizes and promotes international and domestic programs for
students, athletes, and professionals. These programs provide the
opportunities for grade school, junior, and senior high school
students to visit foreign and domestic destinations to learn about the
history, government, economy and culture of such areas, as well as for
junior and senior high school athletes to participate in international
sports challenges. Our professional programs emphasize meetings and
seminars between participants and persons in similar professions
abroad. We are headquartered in Spokane, Washington, with associates
also in Playa Vista, California; Denver, Colorado; and Washington,
D.C.

   Forward-Looking Statements

   This press release contains forward-looking statements regarding
our management focus and expertise. Forward-looking statements, which
are included per the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, may involve known and
unknown risks, uncertainties and other factors that may cause our
actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward looking statements in this release. Such forward-looking
statements speak only as of the date of this release and may not
reflect risks related to the conflict in the Middle East and
international unrest, outbreak of disease, conditions in the travel
industry, direct marketing environment, changes in economic conditions
and changes in the competitive environment. We expressly disclaim any
obligation to provide public updates or revisions to any
forward-looking statements found herein to reflect any changes our
expectations or any change in events. Although we believe the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, we can give no assurance that our
expectations will be attained. For a more complete discussion of these
and other factors, please refer to the Ambassadors Group, Inc. 10K
filed March 15, 2005, proxy filed April 14, 2005, and 10Q filed May 6,
2005.