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CENDANT'S TRAVEL DISTRIBUTION SERVICES DIVISION LAUNCHES YAHOO! PARTNERSHIP

Neat Group to Become the Exclusive Provider for Yahoo! Travel's Vacations Business

Chicago, IL, February 21, 2006, The Consumer Travel Americas business unit of Cendant's Travel Distribution Services Division (TDS), which includes travel brands like Orbitz (www.orbitz.com), CheapTickets (www.cheaptickets.com) and Away (www.away.com), today announced it has entered into a distribution relationship with Yahoo! Travel.

The Neat Group, TDS's private label vacation business, will become the exclusive provider of packaged travel bookings on the Vacations tab at Yahoo! Travel (http://vacations.travel.yahoo.net/). The Neat Group is a leader in providing airlines, hotels and other distributors with unique dynamic packaging technology. Neat has become an important distribution technology for a number of leading travel suppliers, online distributors and travel agencies. Neat's customers include some of the world's leading airlines, hotels, car rental brands and travel service companies.

Today's news follows the recent announcement about the launch of RSS Feed technology on Orbitz.com (http://rss.orbitz.com), featuring the My Yahoo! personal information Web page.

"Our travel businesses will continue to leverage our technology, inventory and customer care to optimize our distribution efforts in the marketplace," said Mitch Truwit, president and CEO of global consumer travel at Cendant TDS.

"We look forward to the deepening of our relationship with Yahoo! as we work with them to provide their loyal users with comprehensive vacation choices and value-added service," added Truwit.

Users of Yahoo! Travel will benefit from the new distribution relationship through:

  • Improved flight options, including numerous origins and destination choices
  • Better pricing as compared to purchasing individual travel components
  • Experienced call center sales agents


In addition to the Yahoo! vacations relationship, CheapTickets.com (www.cheaptickets.com), a leading online travel agency for cheaply priced travel, will be the exclusive provider of Yahoo! Travel's Cruise business (http://cruises.travel.yahoo.net/). Over 70 cruise line partners are available, representing more than 1300 ports, to help consumers book the perfect voyage. Call center sales agents all have a two-year minimum of cruise experience to help customers with any questions they might have when planning a getaway on the high seas.

"We are pleased to offer Cendant's travel distribution services to our vast audience of discerning users," said Jasper Malcolmson, director of product development for Yahoo! Travel. "Yahoo! Travel is committed to providing consumers with access to a comprehensive set of content and tools to help them make confident, informed travel decisions."

About Consumer Travel Americas - Cendant TDS

The Consumer Travel Americas unit of Cendant TDS contains some of the best brands in online travel, including Orbitz® (
www.orbitz.com), CheapTickets®, (www.cheaptickets.com) and Away® (www.away.com). In addition to its consumer travel brands, Cendant TDS also operates the private label vacations business, Neat Group® (www.neatgroup.com). Neat has become an important distribution technology for a number of leading travel suppliers, including some of the world's leading airlines, hotels, car rental brands and travel service companies.

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 140 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®, THOR®, TRUST and WizCom®); leading online travel agencies (Asia-hotel.com, CheapTickets®, ebookers.com®, HotelClub.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.).

Media Contact:

Marita Hudson
312-260-8304 phone
mhudson@orbitz.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.