Sabre Travel Network Offers Agency Opt-In Program for Broad Access to Air Canada Fares, Products and Services

Business Wire, June 11, 2004

Business Editors

SOUTHLAKE, Texas--(BUSINESS WIRE)--June 11, 2004

Sabre Travel Network, a Sabre Holdings company (NYSE:TSG), today announced the launch of an opt-in program for Sabre Connected travel agencies in Canada to gain access to a broader array of Air Canada fares, products and services through the Sabre global distribution system (GDS) than currently available through any other GDS.

Sabre Travel Network and Air Canada recently signed a new four year distribution agreement through which the carrier will provide virtually all published fares effective July 5, in addition to other products and services, to Sabre GDS agents in Canada in return for a reduced booking fee rate. Sabre Travel Network is the first-to-market and only GDS in Canada to secure these fares from Air Canada and its participating affiliated brands.

Agencies will gain access to new, additional Air Canada fares, including Tango fares, as well as other products and services, by registering for the opt-in program, authorizing a $0.50 incentive reduction on all Air Canada segments booked through the Sabre system.

"Participating in this program gives Sabre Connected agencies a competitive advantage in the Canadian market," said Joe Herzog, divisional vice president and general manager--Canada for Sabre Travel Network. "Partnering with Sabre Travel Network by registering for this opt-in program allows agents to book with confidence that they have the best content and information available and can give their customers the best possible service and value. It is a win-win-win for Sabre Travel Network, Sabre Connected agencies and their customers."

Agency benefits gained through this program include:

-- Elimination of the need for Web searches or third party search

engines for Air Canada fares

-- Enhancement of agency efficiency

-- Providing access to an estimated 45% more Air Canada domestic

fares and 15% more trans-border fares

-- Enabling agents to offer corporate and leisure customers the

fullest range and lowest Air Canada fares available

About Sabre Travel Network

Sabre Travel Network, a Sabre Holdings company, provides access to the world's leading global distribution system (GDS) enabling agents at more than 53,000 agency locations worldwide to be travel experts. The Sabre GDS, the first system to connect the buyers and sellers of travel, today includes more than 400 airlines, approximately 60,000 hotels, 41 car rental companies, nine cruise lines, 35 railroads and 220 tour operators.

Sabre Holdings Corporation (NYSE:TSG) is a world leader in travel commerce, retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at http://www.sabre-holdings.com.

Sabre Travel Network, Sabre system and Sabre Connected are trademarks and/or service marks of an affiliate of Sabre Holdings Corporation. All other trademarks, service marks, and trade names are the property of their respective owners.

Statements in this release which are not purely historical facts, including statements about the expected benefits of the program referenced herein or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to Sabre Holdings Corporation on the date this release was issued. Sabre Holdings Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to Sabre Holdings Corporation's revenues being highly dependent on the travel and transportation industries; airlines limiting their participation in travel marketing and distribution services; and structural changes within the travel industry, such as the financial instability or bankruptcy of many air carriers. Sabre Holdings Corporation may not succeed in addressing these and other risks. Further information regarding factors that could affect our financial and other results can be found in the risk factors section of our most recent filing on Form 10-Q with the Securities and Exchange Commission.