1. Galileo’s Corporate Value

2. Best positioned to serve Corporate Travel Needs Products and services that streamline processes and maximize efficiency by reducing the cost of processing reservations Cost Reduction Financial resources, stability, and negotiating leverage to continue to deliver best-in- class solutions Cendant Advantage Solutions to support volume agreements, ensure data integrity and quality control, and promote self-sufficiency and traveler autonomy Most appropriate, cost efficient travel itinerary that suits traveler needs ControlContent Content, Cost reduction, and Control backed by the strength of Cendant Corporation

3. Bringing you unmatched depth and breadth of travel CONTENT AIR Instant access to schedules on 683 Airlines worldwide E-ticketing on 36 validating carriers for travel originating in the US Preferred Fares Select provides guaranteed access to all fares from participating carriers, including the 6 network carriers CAR 27 car rental companies, 21 with inside availability or inside link, ensuring real-time inventory status RAIL VIARail in Canada, Amtrak in US The ability to ticket EuroStar service and Access Rail through the host system HOTEL Over 52,000 hotel properties industry-leading 98 brands and 19,285 properties worldwide, in Galileo InsideShopper. Benefits include: −Real-time access to rates and availability −Desktop access to last room availability −exclusive offers for loyalty program members FARING Galileo Optimal Shopping sweeps the broadest range of fares, including participating low-cost carriers, your airline private fares and web fares

4. Reducing the COST of reservation processing Latest capabilities in corporate travel management More global content Access to all of a corporation’s negotiated fares and preferred rates Exclusive discounts from Travelport and Cendant partnerships Reduced service fee, advanced policy adherence, and preferred vendor management Proprietary adoption methodologies Industry-leading adoption rates delivering proven cost savings Galileo Optimal Shopping searches fare and schedule information to find up to 150 alternative and lower priced alternatives Uncovers low cost carriers in markets where lower fares are more likely Reduces call time via decreased need for shopping internet sites Galileo Hotel Inside Shopper saves time by displaying accurate last-minute availability File corporate negotiated rates directly through ATPCO, with all required documentation and rules validation capabilities that other GDS systems only offer with public fares −Save time and money by avoiding costly errors −Ensures that correct fares are quoted and sold Agency Private Fares increases compliance with corporate travel programs and supplier agreements by automatically quoting, storing and ticketing negotiated airfares TravelScreen Plus ensures that travelers are receiving all corporate discounts, mileage credit and more Automatically ensure every PNR complies with a company's business standards and corporate travel mandates Debit memo direct settlement reduces cost of researching and resolving debit memos Travelport Shopping Negotiated FaresAgency Efficiency

5.  Through Airline Private Fares, corporate negotiated fares are loaded by the carrier using ATPCO filing methods ensuring correct application of negotiated discounts  Agency Private Fares ensure that negotiated rates are integrated and highlighted within all shopping and faring displays  Direct filing by airlines of negotiated contracts eliminate faring errors  Customization via Scriptwriter Plus and XML Desktop ensure consistency in booking process  Custom Check ensures that all required elements of a booking are correct before a booking is created or modified  PRO-file Plus reduces reservation errors by consistent and accurate integration of passenger and corporate data  Easy to use online booking tool that ensures policy adherence  24x7 access to travel data and status changes via View trip and Galileo Wireless  Galileo IDS provides real- time data export to generate pre-trip forecasts, traveler location reports etc.  Real-time monitoring and control of travel-spend using Ibank by Cornerstone Volume Agreements Self-sufficiency Reports Control Putting you in CONTROL Data Integrity / QC

6. Extending to you the CENDANT Advantage Preferred Access and Rates from Cendant owned travel assets Development & acquisition by Cendant of the latest content technology– e.g. Optimal Shopping Negotiating leverage that ensures best rates Experience, processes, and vision to understand and serve needs of a corporation 9 out of 10 Fortune 500 companies rely on Cendant for corporate services Committed to agency channel 30% increase in Capital Investment from 2003 to 2004 Peace of mind that Cendant will be around – and investing – to make Galileo products and services even better Resources Preferred Content Expertise Commitment Stability Diversified revenues to weather industry shocks and cycles #106 on Fortune’s 2004 list of largest US corporations Ranked #2 by BusinessWeek 50 In 2003 alone, we invested ~ $115 million in the GDS business – thanks to the financial resourcefulness of Cendant!