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2-Jul-2009
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On July 2, 2009, the Board of Directors of Travelport Limited declared a distribution of $152,289,245.50 to be paid to its parent company, Travelport Holdings Limited, on July 7, 2009. Travelport Holdings intends to utilize the funds from the distribution to repurchase a portion of its outstanding payment-in-kind loans in a privately negotiated transaction.
Travelport Limited, its subsidiaries, affiliates, officers, directors and controlling stockholders (including The Blackstone Group, Technology Crossover Ventures and One Equity Partners, and each of their respective affiliates) may from time to time, as permitted under its debt instruments and depending upon market conditions, purchase debt securities or loans issued by the Company, its subsidiaries, affiliates or Orbitz Worldwide, Inc. in open market or privately negotiated transactions or by other means.
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