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Cendant Travel Distribution Services And Intercontinental Hotels Group Announce New Hotel Online Distribution Relationship

Chicago, IL – April 4, 2006 – The Consumer Travel Americas business unit of Cendant Travel Distribution Services, part of Cendant Corporation (NYSE:CD), announced today that it has signed a new distribution agreement with InterContinental Hotels Group. The deal provides Cendant TDS's consumer brands, which include Orbitz (www.orbitz.com) and CheapTickets (www.cheaptickets.com), with access to hotel room inventory for individual hotel room sales and vacation packages at IHG branded hotels and resorts around the world.

IHG properties include some of the world's most respected and well-recognized brands like InterContinental Hotels & Resorts, Crowne Plaza Hotels and Resorts and Holiday Inn and Holiday Inn Express. Through this new relationship, brands like Orbitz and CheapTickets can offer its customers rates directly from IHG's central reservation system.

"This partnership strengthens our long-term relationship with InterContinental Hotels Group and gives travelers even more options when they book hotels on Orbitz.com and CheapTickets.com," said Jeff Grant, vice president of hotels for Cendant TDS' consumer travel unit. "This new distribution relationship bolsters our direct access to IHG's brand portfolio of premier luxury to value conscious properties – a deal that truly offers a hotel stay at everyone's price range."

"Over the many years that we've worked with Cendant, the Company has demonstrated a commitment to and respect for guests and hotel owners similar to IHG. We're pleased that our brands will continue to be available to their customers," said Andrew Rubinacci, vice president, Business Development, Distribution Marketing, IHG.

As part of the agreement, approximately 3,600 IHG hotel properties will be accessible for bookings through Orbitz.com, CheapTickets.com and Lodging.com. These new InterContinental Hotels Group rates add to Orbitz' existing wide selection of merchant and published rates at more than 50,000 independent and brand name chains worldwide.

About Cendant TDS

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 approximately 8,000 people in nearly 130 countries, includes: a leading (GDS) global distribution system (Galileo), serving more than 50,000 travel agencies and over 60,000 hotels; hotel distribution and services businesses (Neat Group®, TRUST and WizCom®); leading online travel agencies (Asia-hotel.com, CheapTickets®, ebookers.com®, HotelClub.com, Lodging.com, NeedaHotel.com, Orbitz®, RatesToGo.com, and The Away Network); 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.).

About InterContinental Hotels Group

InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, over 3,600 hotels and 537,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognized and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty program, Priority Club® Rewards.

InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards program at www.priorityclub.com.

For the latest news from InterContinental Hotels Group, visit our online Press Office at www.ihgplc.com/media.

"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.