Brower Piven Announces Class Action Lawsuit in Connection With the Acquisition of ExpressJet Holdings, Inc. by Atlantic Southeas

   Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in Texas District Court, Harris County on behalf of shareholders of ExpressJet Holdings, Inc. ("ExpressJet" or the "Company") (NYSE: XJT).

The Complaint alleges that on August 4, 2010, ExpressJet and SkyWest ("SkyWest") publicly disclosed that they had entered into a definitive merger agreement under which SkyWest will acquire ExpressJet for $6.75 cash per share and that the proposed buyout of ExpressJet by SkyWest (the "Proposed Transaction") is unfair both with respect to price and process and is designed to benefit ExpressJet's insiders to the detriment of Plaintiff and the Class. According to the complaint, the consideration to be paid to plaintiff and the class in the Proposed Transaction is unfair and grossly inadequate because the intrinsic value of ExpressJet is materially in excess of the amount offered in the Proposed Transaction, giving due consideration to the Company's anticipated operating results, net asset value, cash flow profitability, and established markets. The complaint asserts that the Proposed Transaction will deny class members their right to share proportionately and equitably in the true value of Company's valuable and profitable business, and future growth in profits and earnings, at a time when the Company is poised to increase its profitability.

If you are a current owner of shares of ExpressJet Holdings, Inc., you may obtain additional information about this lawsuit by contacting Brower Piven at www.browerpiven.com, by email at [e-mail], by calling 410/415-6701, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 40 years. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. If you are an ExpressJet shareholder, you need take no action at this time to be a member of the class.

CONTACT: Charles J. Piven Brower Piven, A Professional Corporation Stevenson, Maryland 410/415-6701 Email Contact