X0202 4 2005-06-06 0 0000946842 AMBASSADORS INTERNATIONAL INC AMIE 0001131137 WHILDEN RICHARD DC AMBASSADORS INTERNATIONAL INC. 1071 CAMELBACK STREET NEWPORT BEACH CA 92660 1 0 0 0 COMMON STOCK 2005-06-06 4 M 0 1600 3.524 A 5220 D COMMON STOCK 2000 I BY FAMILY TRUST COMMON STOCK 2005-06-06 4 S 0 600 13.35 D 4620 D COMMON STOCK 2005-06-06 4 S 0 1000 13.25 D 3620 D COMMON STOCK 2000 I BY FAMILY TRUST OPTION EXERCISE 3.524 2005-06-06 4 M 0 1600 D 2005-11-06 COMMON STOCK 1600 3000 D IN MARCH 2002 THE ISSUER SPLIT INTO TWO PUBLIC COMPANIES, EPAX AND AMIE, AT WHICH TIME OPTIONS WERE REPRICED AND SHARE AMOUNTS WERE ADJUSTED. OPTIONS ISSUED PRE SPIN-OFF WERE ADJUSTED TO REFLECT AN INCREASED NUMBER OF SHARES AT A LOWER EXERCISE PRICE. THE 10,000 OPTIONS REPORTED ON FORM 3 FILED 11/06/95 WERE ADJUSTED TO 24,121 OPTIONS WITH AN EXERCISE PRICE OF $3.524. STOCK OPTIONS VESTED AND BECAME EXERCISABLE IN FOUR (4) EQUAL ANNUAL INSTALLMENTS: 11/06/96, 11/06/97, 11/06/98 AND 11/06/99. EMPLOYEE STOCK OPTIONS GRANTED BY ISSUER. LAURA TUTHILL, ATTORNEY-IN-FACT 2005-06-06