SOUTHLAKE, Texas, Feb 1, 2005 (BUSINESS WIRE) — Sabre Holdings
Corporation (NYSE: TSG) announced that its Board of Directors
increased the company’s cash dividend by 20 percent to $0.09 per share
of common stock from $0.075 per share. The dividend is payable on
February 28, 2005 to shareholders of record at the close of regular
trading on the NYSE on February 11, 2005.
It is the company’s intention to pay a comparable quarterly
dividend going forward, subject to financial ability and a
determination by the Board that cash dividends continue to be in the
best interest of the company and its shareholders.
Statements in this release which are not purely historical facts,
including statements about possible future dividends, 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 on
the date this release was issued. Sabre Holdings 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
revenues being highly dependent on the travel and transportation
industries, the financial condition of travel suppliers, and
geopolitical developments, such as the possibility of additional
terrorist attacks. Sabre Holdings 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 our most recent filing on Form 10-Q with the
Securities and Exchange Commission.
SOURCE: Sabre Holdings Corporation
Sabre Holdings Corporation Media: Michael Berman, 682-605-2397 or Investor Relations: Karen Fugate, 682-605-2343