Ambassadors Group, Inc. is a leading educational travel organization that organizes and promotes international and domestic programs for students, athletes, and professionals. These programs provide the opportunity 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 Washington, D.C. In this press release, "Company," "we," "us," and "our" refer to Ambassadors Group, Inc.

The Ambassadors Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3541

Forward-Looking Statements

This press release contains forward-looking statements regarding our expected financial performance. 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 in 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 6, 2008, proxy filed April 8, 2008, and 10Q filed May 9,2008 and August 7, 2008.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Ambassadors Group, Inc.

Ambassadors Group, Inc. 
         Chadwick J. Byrd
         (509) 568-7800

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:

  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 " Q3 2008 Earnings Release"
  4.  Register (if first time) or Login to hear 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:  10/29/2008 10:30 a.m. PT / 1:30 p.m ET
 Post View End Date:    12/28/2008

  1.  Dial in #:      888.286.8010
  2.  International   617.801.6888
  3.  Enter passcode: 38212525, the customized introduction plays.
  4.  When prompted, say your name and company name.
  5.  From the Main Menu, follow the prompts to start the conference call
  6.  Press the following buttons to control the replay:
  7.  Press "3" to skip 3 seconds forward
  8.  Press "2" to skip 3 seconds backward
  9.  Press "5" to reset the "3" and "2" keys to skip forward/backwards
      1/10th of the total recording length.
 10.  Press "5" again to return the settings to 3 seconds

The Ambassadors Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3541

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Ambassadors Group, Inc.

Ambassadors Group, Inc.
         Chadwick J. Byrd
         (509) 568-7800

Pre-Registration:

Please use the following link to pre-register and view important information about this conference call. Pre-registering is not mandatory but is recommended as it will provide you immediate entry into the call and will facilitate the timely start of the call. Pre-registration takes only a few minutes and you may pre-register at any time, including up to and after the call start time. To pre-register please go to: https://www.theconferencingservice.com/prereg/key.process?key=PXMEDFVQV. 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:

 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 2008 Earnings Release"
 4.  Register (if first time) or Login to hear 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:  07/23/2008 10:30 a.m. pt / 1:30p.m et
 Post View End Date:    09/22//2008

 1.  Dial in #: 888.286.8010
 2.  International  617.801.6888
 3.  Enter passcode: 46559849, the customized introduction plays.
 4.  When prompted, say your name and company name.
 5.  From the Main Menu, follow the prompts to start the conference
     call
 6.  Press the following buttons to control the replay:
 7.  Press "3" to skip 3 seconds forward
 8.  Press "2" to skip 3 seconds backward
 9.  Press "5" to reset the "3" and "2" keys to skip
     forward/backwards 1/10th of the total recording length.
 10. Press "5" again to return the settings to 3 seconds

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: Ambassadors Group, Inc.

The Ambassadors Group, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3541

Expected next investor conference call information:
Conference Call Date: 7/23/2008
Conference Call Time: 11:30 AM
Conference Call URL: http://phx.corporate-ir.net/phoenix.zhtml?c=131081&dc=&p=irol-Guestbook&UniqueId=1882737&EventId=1882737&mp=IROL-EventDetails&rdu=http://www.ambassadorsgroup.com/EPAX/default.htm&mpdp=EventId~1882737!WebCastId~772005!StreamId~1142175&pp=IROL-BasicWebCast&ppdp=EventId~1882737!WebCastId~772005!StreamId~1142175&pph=339&ppw=270&upv=&econf&ee=

Expected next dividend:
Dividend Announcement Date: 8/26/2008
Dividend Record Date: 9/9/2008
Dividend Pay Date: 9/23/2008
Dividend Amount: 0.115