Travelport Limited, the parent company of the Travelport group of companies, today announced the pricing of the initial public offering of approximately 40% of the outstanding common stock (34,000,000 shares) of its wholly owned subsidiary, Orbitz Worldwide, Inc. The offering was priced at $15.00 per share. The underwriters have been granted an option to purchase up to 5,100,000 additional shares of common stock. The completion of the initial public offering is scheduled for Wednesday, July 25, 2007, subject to customary closing conditions.

The net proceeds from the offering will be approximately $474.8 million. 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. The proceeds and the dividend will be used by Travelport to repay indebtedness outstanding under its credit facilities.

Blackstone Group will remain Orbitz's biggest holder.

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