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Orbitz for Business and Travelport Sign Agreement with Alitalia Airlines for Discounted Corporate Customer Fares

Agreement marks second airline discount agreement signed by Orbitz for Business and Travelport in the last month; demonstrates value offered via the scale, relevance of Cendant

VANCOUVER, BC (May 2, 2005) - Orbitz for Business and Travelport, global leaders in corporate travel management and subsidiaries of Cendant Corporation's (NYSE: CD) Travel Distribution Services (TDS), today announced they have reached an agreement with Alitalia Airlines to offer corporate customers discounted fares for transatlantic flights originating in the United States. The announcement, made at the Association of Corporate Travel Executives' (ACTE) annual conference in Vancouver, BC, Canada, is the second such supplier agreement secured by Orbitz for Business and Travelport in the last month, highlighting their commitment to delivering affordable international fares to corporate clients.

Effective immediately, Alitalia Airlines is a preferred carrier for Orbitz for Business and Travelport and their special corporate rates will be delivered directly and seamlessly to all corporate customers using Orbitz for Business or Travelport's complete package of integrated online booking, global distribution service, automated fulfillment, and customer support. The agreement also marks the first mutual supplier relationship for Cendant Travel Distribution Services' expanded Corporate Travel Solutions team - now comprised of Travelport and Orbitz for Business as a result of Cendant's acquisition of Orbitz in late 2004.

"Alitalia is a leading carrier from the U.S. to European business centers, and as more of our clients become global companies requiring affordable access to locations all around the world, we are pleased to help them realize savings by offering the very best airlines at discounted rates," said Dean Sivley, chief product and marketing officer for Cendant Corporate Travel Solutions. "Given the size and scope of Cendant, this agreement also showcases the value many corporations and suppliers recognize in working with the largest players in travel."

"From an airline perspective, we highly value agreements that provide us with broad access to leading corporate customers worldwide," said Giulio Libutti, Alitalia's senior vice president for North America and Mexico." The global reach of Travelport and Orbitz for Business, backed by the buying power of Cendant, makes this agreement particularly beneficial for our airline."

About Alitalia Airlines

Alitalia, one of the world's top 20 airlines, operates more than 700 daily flights to 90 cities in 50 countries with its fleet of 190 aircraft. Alitalia is a member of SkyTeam, the global airlines alliance - providing customers with extensive worldwide destinations, flights and services.

About Travelport

Travelport Corporate Solutions, Inc. is a subsidiary of Cendant Corp. (NYSE: CD). Together with Orbitz for Business, it is part of Cendant's Travel Distribution Services' Corporate Travel Solutions. Serving more than 550 corporations worldwide, Travelport is a global full-service provider of strategic services ideal for companies seeking high flexibility and control over their travel programs and policies.

About Orbitz for Business

Orbitz for Business, the first full-service Internet travel management program, is a subsidiary of Cendant Corp. (NYSE: CD). Together with Travelport, it is part of Cendant's Travel Distribution Services' Corporate Travel Solutions group. Serving more than 1,000 companies, Orbitz for Business offers companies of all sizes the same industry-leading functionality and ease-of-use provided by Orbitz.com, along with innovative functionality and service features ideal for companies seeking an easy-to-use, ready-to-go solution with a familiar user experience.

About Cendant Travel Distribution Services

Cendant Corporation's (NYSE: CD) Travel Distribution Services Division, is one of the world's largest and most geographically diverse collections of travel brands and distribution businesses. The division, employing nearly 9,000 people in approximately 120 countries, includes: a leading global distribution services (GDS) company (Galileo), serving more than 44,000 travel agencies and over 60,000 hotels; hotel distribution and services businesses (Neat Group®, THOR®, TRUST and WizCom®); leading online travel agencies (CheapTickets®, ebookers.com®, HotelClub.com, Lodging.com, Orbitz®, and RatesToGo.com); an airline market intelligence company (Shepherd Systems); an international travel technology and software company (Travelwire); a leading international provider of long-haul air travel and travel product consolidator (Travel 2®/Travel 4®); online global corporate travel management solutions (Orbitz for Business® and Travelport®); and a leading wholesaler and global online provider of hotels, destination services, travel packages and group tours (Gullivers Travel Associates, OctopusTravel.com® and Travel Bound, Inc.).

Media Contacts:

Marc Osborn
Orbitz for Business & Travelport
(206) 973-4295
marc.osborn@travelport.com

Hollie Pantano
Ogilvy PR
(212) 880-5278
hollie.pantano@ogilvypr.com

"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.