Orbitz Worldwide Prices $510 Million Initial Public Offering

Orbitz Worldwide Prices $510 Million Initial Public Offering

Orbitz Worldwide announced today that it has priced the initial public offering of 34,000,000 shares of common stock at $15.00 per share. The common stock will trade on the New York Stock Exchange under the symbol “OWW.” Orbitz Worldwide has granted the underwriters a 30- day option to purchase up to 5,100,000 additional shares of Orbitz Worldwide common stock at the public offering price. The completion of the initial public offering is scheduled for Wednesday, July 25, 2007, subject to customary closing conditions.

Orbitz Worldwide will use all of the net proceeds from the offering plus approximately $530 million of borrowings under its new senior secured credit agreement to repay indebtedness it owes to Travelport and, immediately prior to the offering, to pay a dividend to Travelport.

Morgan Stanley & Co. Incorporated, Goldman Sachs & Co., Lehman Brothers Inc. and J.P. Morgan Securities Inc. are the global coordinators with Credit Suisse and UBS Investment Bank acting as joint lead managers. Thomas Weisel Partners LLC, Pacific Crest Securities, Piper Jaffray, and Stifel Nicolaus are co-managers of the offering.

A copy of the prospectus relating to the shares of Orbitz Worldwide, Inc. common stock may be obtained, when available, from Morgan Stanley & Co. Incorporated, Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, telephone: 1-866-718-1649 or via email at prospectus {at} morganstanley(.)com; Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, fax at 212-902-9316 or via e-mail at prospectus- ny {at} ny.email.gs(.)com; Lehman Brothers Inc., c/o ADP Financial Services, Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, NY 11717, e-mail: jennifer_maldonado {at} adp(.)com or fax: (631) 254-7268; or J.P. Morgan Securities Inc., Prospectus Department, 4 Chase Metrotech Center, CS Level, Brooklyn, New York 11245, Attention: Distribution & Support Service, telephone: 1-866-430-0686.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Copies of the final prospectus, when available, may be obtained by emailing the Orbitz Worldwide headquarters at investorinfo {at} orbitz(.)com. The final prospectus, when available, also may be found on the Securities and Exchange Commission’s website at http://www.sec.gov/.

About Orbitz Worldwide

Orbitz Worldwide 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.