EXHIBIT 99.1


        CHEUNG KONG AND HUTCHISON WHAMPOA REITERATE PRICELINE.COM SUPPORT

         COMPANIES WITHDRAW REQUEST FOR SHELF REGISTRATION TO SELL SHARES AND
         OBTAIN RIGHTS TO PURCHASE UP TO 37.5% STAKE IN PRICELINE.COM

         NORWALK, Conn., September 20, 2001 . . . Priceline.com (Nasdaq: PCLN)
said today that Cheung Kong (Holdings) Limited and Hutchison Whampoa Limited
have withdrawn their request for the filing of a shelf registration that would
have given the two companies the ability to sell shares of priceline.com common
stock.

Priceline.com also said today that its Board of Directors had approved a Cheung
Kong/Hutchison request giving the companies the ability to raise their ownership
stake in priceline.com from their current combined level of approximately 27
percent to 37.5 percent. In total, Cheung Kong and Hutchison own approximately
60 million shares of priceline.com common stock.