Sabre Holdings and United Airlines Sign New Five-Year, Full Content Agreements

SOUTHLAKE, Texas & CHICAGO–(BUSINESS WIRE)–April 21, 2006–Sabre
Holdings (NYSE:TSG) and United Airlines (Nasdaq:UAUA) today announced
that United has signed new five-year, full content agreements with
Sabre Travel Network and Travelocity.

Through the agreement with Sabre Travel Network, all United
published fares and inventory will be available for subscribers of the
Sabre global distribution system (GDS), including online and offline
travel agencies. This includes published fares that the airline sells
through any third-party Web site and through its own Web site and
reservation offices.

Concurrent with that agreement, United also signed a new
five-year, full-content agreement with Travelocity, including a
long-term contract with Site59, the pioneer of dynamic packaging for
last minute online travel.

“These long-term agreements ensure that travelers will have
efficient access to United’s travel products and services for years to
come,” said Hugh Jones, chief operating officer, Sabre Travel Network.
“It’s another opportunity to leverage the Sabre portfolio to help
United market and sell its products through a highly efficient
marketplace.”

“We are pleased that our customers will continue to have access to
United’s products through Sabre and their broad agency base,” said
Doug Leo, vice president, revenue management, United Airlines. “This
agreement provides reliability, flexibility and attractive economics,
all of which are integral parts of United’s distribution strategies.”

About United Airlines

United Airlines (Nasdaq:UAUA) operates more than 3,400 flights a
day on United, United Express and Ted to more than 200 U.S. domestic
and international destinations from its hubs in Los Angeles, San
Francisco, Denver, Chicago and Washington, D.C. With key global air
rights in the Asia-Pacific region, Europe and Latin America, United is
one of the largest international carriers based in the United States.
United is also a founding member of Star Alliance, which provides
connections for our customers to 790 destinations in 138 countries
worldwide. United’s 57,000 employees reside in every U.S. state and in
many countries around the world. News releases and other information
about United can be found at the company’s Web site at united.com.

About Sabre Travel Network

Sabre Travel Network, a Sabre Holdings company, provides access to
the world’s leading global distribution system (GDS). The Sabre GDS is
a ready-built efficient marketplace that connects suppliers, including
hundreds of airlines and thousands of hotels, with more than 50,000
travel agency locations. Suppliers get access through one single
connection; travel agents get real time access to thousands of travel
products from multiple suppliers through one source integrated into
their businesses; consumers get access to a global supermarket of the
world’s greatest travel possibilities.

Key brands of Sabre Travel Network include GetThere, the leading
Web-based corporate travel reservation technology, and Jurni Network,
the unique leisure travel agency consortium in the United States that
enables members to sell more products from preferred travel suppliers
using sophisticated market intelligence.

Sabre Holdings (NYSE:TSG) connects people with the world’s
greatest travel possibilities by retailing travel products and
providing distribution and technology solutions for the travel
industry. More information about Sabre Holdings is available at
http://www.sabre-holdings.com.

Statements in this release which are not purely historical facts
or which necessarily depend upon future events, including statements
about the value expected from the agreements with United Airlines,
about Sabre Holdings Corporation’s forecasted financial performance or
other statements about anticipations, beliefs, expectations, hopes,
intentions or strategies for the future, may be forward looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended. Readers are cautioned not to place
undue reliance on forward looking statements. All forward looking
statements are based upon information available to Sabre Holdings
Corporation on the date this release was issued. Sabre Holdings
Corporation undertakes no obligation to publicly update or revise any
forward looking statements, whether as a result of new information,
future events or otherwise. Any forward looking statements involve
risks and uncertainties that could cause actual events or results to
differ materially from the events or results described in the forward
looking statements, including risks or uncertainties related to Sabre
Holdings Corporation revenues being subject to adverse changes to our
travel supplier relationships and potential substantial decreases in
travel transaction volumes. Sabre Holdings Corporation may not succeed
in addressing these and other risks. Further information regarding
factors that could affect our financial and other results can be found
in the risk factors section of Sabre Holdings Corporation’s most
recent filing on Form 10-K with the Securities and Exchange
Commission.

Certain statements included in this press release are
forward-looking and thus reflect United Airlines’ current expectations
and beliefs with respect to certain current and future events and
financial performance. Such forward-looking statements are and will
be, as the case may be, subject to many risks and uncertainties
(including risks and uncertainties set forth from time to time in
United States Securities and Exchange Commission reports filed by
United Airlines and its UAL Corporation, its parent company) relating
to the operations and business environments of United Airlines that
may cause actual results to differ materially from any future results
expressed or implied in such forward-looking statements. Consequently,
the forward-looking statements should not be regarded as
representations or warranties by that such matters will be realized.
United Airlines and UAL disclaim any intent or obligation to update or
revise any of the forward-looking statements, whether in response to
new information, unforeseen events, changed circumstances or
otherwise.


    CONTACT: Sabre Holdings Corporation, Southlake
             IR Contact
             Karen Fugate, 682-605-2343
             karen.fugate@sabre-holdings.com
             or
             Sabre Travel Network, Southlake
             Media Contacts
             Kathryn Hayden, 682-605-2252
             kathryn.hayden@sabre-holdings.com
             or
             United Airlines
             Media Relations, 847-700-5538

    SOURCE: Sabre Holdings Corporation