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Orbitz Worldwide Appoints William Cobb to Board of Directors

CHICAGO, July 7 /PRNewswire-FirstCall/ -- Orbitz Worldwide (NYSE: OWW), a leading global online travel company, today announced the appointment of William Cobb to its board of directors. Mr. Cobb has also been appointed to serve as a member of the audit and compensation committees of the board.

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Mr. Cobb most recently served as the president of eBay North America. Since 2000, Mr. Cobb has held several senior management positions at eBay Inc., including senior vice president and general manager of eBay International and senior vice president of global marketing. He previously held a number of key positions at PepsiCo within its Tricon Global Restaurants(1) (now known as YUM! Brands, Inc.), Frito Lay and Pepsi-Cola divisions.

"The appointment of Bill Cobb to the board of directors exemplifies our commitment to finding the most qualified and experienced leadership that will continue to provide guidance to the management at Orbitz Worldwide," said Jeff Clarke, chairman, Orbitz Worldwide. "His extensive experience within the Internet sector will bolster the capabilities of our already very talented board."

"Orbitz Worldwide will benefit from Bill's experience, characterized by his success in marketing, management and business development for some of the most prominent consumer brands in our global economy," said Steve Barnhart, President and CEO of Orbitz Worldwide. "As Orbitz Worldwide continues to diversify our business and grow internationally, I look forward to benefiting from Bill's advice and counsel."

Mr. Cobb's appointment fulfills Orbitz Worldwide's obligation under the rules of the New York Stock Exchange to appoint a third independent director to the company's audit committee.

Mr. Cobb serves on the advisory board of the Kellogg School of Management at Northwestern University and is also a member of the board of directors for the non-profit Bay Harbor Foundation.

Mr. Cobb holds a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania and a Master of Business Administration from the Kellogg School of Management at Northwestern University.

About Orbitz Worldwide

Orbitz Worldwide (NYSE: OWW) is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns and operates a portfolio of consumer brands that includes Orbitz (http://www.orbitz.com), CheapTickets (http://www.cheaptickets.com), ebookers (http://www.ebookers.com), HotelClub (http://www.hotelclub.com), RatesToGo (http://www.ratestogo.com), the Away Network (http://www.away.com), and corporate travel brand Orbitz for Business (http://www.orbitzforbusiness.com). For more information on how your company can partner with Orbitz Worldwide, visit http://corp.orbitz.com/.

(1) In 1997, PepsiCo spun off its Tricon Global Restaurant division. The businesses comprising this division were renamed YUM! Brands after the spin-off.

SOURCE
Orbitz Worldwide

CONTACT:
Media, Brian Hoyt, +1-312-894-6890, bhoyt@orbitz.com, or Investors, Frank Petito, +1-312-894-4830, fpetito@orbitz.com, both of Orbitz Worldwide

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Orbitz Worldwide Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.