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Orbitz Worldwide Celebrates First Anniversary of Trading on the NYSE and Recent Launch of Orbitz Price AssuranceSM

President and CEO Steve Barnhart, COO Mike Nelson, and Key Orbitz Worldwide Management to Ring the Closing Bell®

EVENT: 

Executives and guests of Orbitz Worldwide, headquartered in Chicago, Ill., will visit the New York Stock Exchange on Thurs., July 31, to celebrate the company’s first anniversary of trading on the Exchange. Orbitz Worldwide began trading on the NYSE on July 20, 2007, as an initial public offering under the ticker symbol “OWW”.

Orbitz Worldwide stands on the NYSE’s expanding roster of global technology leaders and is driven by innovation to deliver value to the travel marketplace.  Launched in June 2008, Orbitz Price AssuranceSM is the latest in a history of innovations from the company. Orbitz Price Assurance allows customers to book and buy airfare, knowing they are getting the best price for their flight available on the company’s site. If the price drops for a plane ticket booked on Orbitz.com and another customer subsequently books the same airline ticket on Orbitz.com for less, Orbitz will automatically send travelers a cash refund for the difference.

To commemorate this milestone, Orbitz Worldwide CEO and president, Steve Barnhart, COO Mike Nelson, and key company leadership will ring The Closing Bell at the NYSE.

Orbitz Worldwide (NYSE: OWW)

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.  (Source: Orbitz Worldwide)

WHEN/WHERE:  THURSDAY, JULY 31, 2008 – NYSE – Security Checkpoint at Exchange & Broad Streets

3:30 p.m.            Media escorted into the building for bell ringing

4:00 p.m.             The Closing Bell is rung

More information on archived and upcoming events at the NYSE can be found in the NYSE Events Calendar.

CONTACT:   

Media interested in covering the bell ringing MUST contact Brian Hoyt, +1-312-894-6890 or bhoyt@orbitz.com in order to obtain entry into the building. 

PHOTO/VIDEO:

Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285) and Bloomberg Photo (212-617-3420). The Opening BellSM (starting at 9:25 a.m.) and The Closing Bell® (starting at 3:55 p.m.) feeds are available via the following outlets: Ascent loop #1630 and by request via The Switch.

WEBCAST:

A live webcast of The Opening Bell (beginning at 9:29 a.m.) and of The Closing Bell (beginning at 3:59 p.m.) will be available on the homepage of nyse.com.

                                

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"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.