Ambassadors Group, Inc. (NASDAQ:EPAX) (?Company?), a leading provider of educational travel experiences, announced today that its Board of Directors declared a quarterly dividend of $0.115 per share, which will be paid on June 1, 2007, to all common stockholders of record on May 17, 2007. The Board of Directors continually reviews the Company's dividend policy to ensure compliance with capital requirements, regulatory limitations, financial position and other conditions, which may affect the Company's desire or ability to pay dividends in the future.

The Company also announced today that Dale F. Frey's term as a Class I Director of the Company expired. Mr. Frey did not stand for re-election at the Company's 2007 Annual Meeting of Stockholders. Mr. Frey's resignation did not relate to any disagreement with the Company.

Jeff Thomas, president and chief executive officer of the Company, stated, ?Dale Frey has been a strong contributor to our Board of Directors. We have appreciated his insight and guidance over the last several years. We wish him continued success in his new endeavors.?

Business Overview

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 opportunities 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. Its professional programs emphasize meetings and seminars between participants and persons in similar professions abroad. The Company is headquartered in Spokane, Washington with associates also in Washington, D.C.

Forward-Looking Statements

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 9, 2007 and proxy filed April 2, 2007.