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Travelocity Europe Goes Online in France

SOUTHLAKE, Texas and LONDON–(BUSINESS WIRE)–Nov. 18, 2004–Travelocity’s (NYSE:TSG) European business today launched its French consumer travel Web site. Called Odysia (www.odysia.fr), a variation on the French word for “Odyssey,” the site gives Travelocity Europe its first consumer-direct online presence in France.

The site features highly advanced, fully integrated ‘dynamic packaging,’ enabling travelers to design and package an entire trip from beginning to end in about five minutes. Destination, airline, choice of hotel, its location and the type of room, car rental and a wide range of travel amenities can be reviewed and booked on the site, which uses the slogan ‘everything proposed, nothing imposed.’

“We are very excited to launch our entry into the French online consumer direct market,” said Damon Tassone, incoming President of Travelocity Europe. “Online travel buying in France is growing substantially, and we think we are entering the marketplace at a great time.”

This is the second step in Travelocity Europe’s multi-channel growth strategy in France. In March this year it acquired VFinance, owner of Boomerang Voyages, a French tour operator selling a wide range of package holidays through travel agencies. The acquisition also included 10 offline travel agencies located in major French metropolitan areas.

Travelocity Europe now operates consumer travel Web sites in France, the United Kingdom, Sweden, Norway and Denmark. It also operates four sites in Germany in partnership with the Otto Group business Otto Freizeit und Touristik GmbH (OFT).

Travelocity France is based in Paris and run by managing director Jan Oetjen, who reports to Tassone.

About Travelocity

Travelocity’s industry-leading technology and straight-talking, honest information help travelers take more rewarding and affordable trips. With 44 million registered users and booking $4 billion of travel in 2003, Travelocity negotiates thousands of low-priced deals with the world’s most reputable travel providers – top airlines, hotels, car rental companies, cruise lines, and other destination attractions and services. Additionally, Travelocity offers deeply-discounted rates for weekend getaways and dynamic packages through its Last Minute Deals and TotalTrip(SM) shopping engines, and provides customer service support over the phone 24 hours a day. Based in Southlake, Texas, Travelocity also operates Travelocity Business for corporate customers, powers international travel Web sites in eight languages, and has been recognized for its consumer advocacy and global leadership in online travel. More information about Travelocity is available at www.travelocity.com. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce. More information about Sabre Holdings is available at www.sabre-holdings.com.

    CONTACT: Travelocity, Southlake
             Judy Haveson, 212/554-7425
             Mary Kate Smither, 972/488-4790
             EUROPE CONTACT
             Peter Heath, 44 (0) 1844-350-099

    SOURCE: Travelocity

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