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14-12-2005

Galileo first GDS to sign full content agreement with VLM AirlinesGalileo agents in EMEA now have unrivaled access to all VLM fares

Brussels, November 14th 2005 - Galileo International, the leading global distribution services (GDS) company and subsidiary of Cendant Corporation (NYSE:CD), has today announced that it has signed an 3-year agreement with VLM Airlines to secure access to all the carrier’s fares until August 31st 2008. With immediate effect, this agreement ensures Galileo connected travel agencies in Europe, Middle East and Africa will have full access to all available VLM fares, including their lowest booking classes, directly through their Galileo desktop. This new agreement is the latest in a long list of full content agreements with key European airlines and is further evidence of Galileo’s ongoing strategy to secure the best fares for its agency customers. Importantly it creates a win/win/win situation for all parties; airlines get wider distribution, travel agencies gain access to the best content in the most effective channel, and Galileo continues to play a pivotal role in travel distribution. In 2004, VLM Airlines carried over 550.000 passengers on top business routes between London City and Amsterdam, Antwerp, Brussels, Isle of Man, Jersey, Liverpool, Luxembourg, Manchester and Rotterdam. “Galileo is committed to bringing the most comprehensive level of content to all of our agency customers. By delivering yet another full content airline deal to our agency community we are clearly demonstrating this commitment, and continuing to help shape a more sustainable future for all in the industry. Content is key to our agency customers if they are to demonstrate the value they bring to their customers, but equally important is the technology that ensures that this content can be accessed in the most effective way. It is the fusion of content and technology which positions Galileo as the leading distribution partner.” Said Bryan Conway VP Airline Services EMEA. Peter Kenworthy, Commercial Director VLM Airlines said “We welcome this new agreement with Galileo as it re-affirms the value we place on our relationship with the travel agent and corporate booker; it ensures that fares in our lowest booking classes are available through this important distribution channel. In the rapidly changing marketplace it ensures our value for money fares are widely available.” “I am pleased that we can continue to provide our travel agency customers access to the most comprehensive fare content. Our ability to work closely with airlines to create such agreements means that our travel agency customers have content that is not available through other GDSs.“ commented Marco van Ieperen, General Manager for Galileo Benelux. For More Information: Henrieke Oonincx Cendant Travel Distribution Services + 31 6 55 84 24 55

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