X0206 3 2015-02-24 0 0001162315 AMBASSADORS GROUP INC EPAX 0000949119 MILLER LLOYD I III 3300 SOUTH DIXIE HIGHWAY SUITE 1-365 WEST PALM BEACH FL 33405 0 0 1 0 Common Stock 667479 I By Trust A-4 - Lloyd I. Miller Common Stock 1085118 I By Milfam II L.P. Common Stock 218537 I By Trust C - Lloyd I. Miller Common Stock 69600 I By LIMFAM LLC Common Stock 87019 I By Milgrat (I9) Common Stock 41444 I By Milgrat (S9) Common Stock 8000 I By Milfam I L.P. Common Stock 55 I By Trust A-3 - Lloyd I. Miller The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing. /s/ Paul N. Silverstein Attorney-in-fact 2015-02-25