X0202 4 2007-03-01 0000796764 PREMIER EXHIBITIONS, INC. PRXI 0001354757 Reed Alan B 10 FIELDSTONE DRIVE EASTON CT 06612 1 0 0 0 Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.66 D 40898 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 600 10.65 D 40298 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.64 D 40098 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 3000 10.62 D 37098 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 4500 10.61 D 32598 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 1700 10.60 D 30898 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 1713 10.59 D 29185 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 853 10.58 D 28332 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 2387 10.57 D 25945 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 747 10.56 D 25198 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 2100 10.55 D 23098 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 800 10.54 D 22298 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 300 10.53 D 21998 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 400 10.52 D 21598 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 900 10.51 D 20698 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 600 10.50 D 20098 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 100 10.48 D 19998 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 400 10.45 D 19598 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.43 D 19398 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.41 D 19198 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 300 10.40 D 18898 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 100 10.39 D 18798 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.38 D 18598 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 300 10.37 D 18298 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 325 10.36 D 17973 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.35 D 17773 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 200 10.33 D 17573 I By Wife Common Stock, $.0001 par value 2007-03-01 4 S 0 100 10.32 D 17473 I By Wife Common Stock, $.0001 par value 4000 I As Custodian for Daughter Stock Option (Right to Buy) 3.95 2016-02-21 Common Stock, $.0001 par value 52084 52084 D These shares were sold pursuant to a Rule 10b5-1 Sales Plan adopted by Mr. Reed's wife on 2/1/2007. This option was previously reported by Mr. Reed. The option is exercisable pro rata with respect to one-third of the shares subject to the option over three years. This is the first of two Form 4s covering transactions on 3/1/2007. /s/ Alan B. Reed 2007-03-05