Galileo International To Explore Strategic Alternatives

Galileo International [LOGO OF GALILEO 9700 West Higgins Road, INTERNATIONAL] Suite 400 Rosemont, Illinois 60018 Telephone (847) 518-4000 Facsimile (847) 518-4917


NEWS RELEASE


FOR FURTHER INFORMATION: Tammy Bobbitt
Investor Relations
+1 847 518 4771


Andrea Steffy
Corporate Relations
+1 847 518 4973


GALILEO INTERNATIONAL TO EXPLORE STRATEGIC ALTERNATIVES
TO MAXIMIZE SHAREHOLDER VALUE


ROSEMONT, IL, OCTOBER 20, 2000 - GALILEO INTERNATIONAL, INC., (NYSE: GLC), announced today that its board of directors has authorized management to explore strategic alternatives for the company designed to maximize shareholder value. Such alternatives include, but are not limited to, a leveraged buyout or sale to a strategic buyer. The company said that there is no assurance that any transaction will be completed. The board has begun the search for a financial advisor to explore and evaluate possible alternatives, and anticipates naming one shortly. (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/GALILEO)


"Galileo International has always been focused on enhancing shareholder value," said James E. Barlett, chairman, president and CEO. "We do not believe that the public market is appropriately valuing our consistent financial performance, cash flow generation and excellent growth prospects. Our board of directors has agreed that it is in the best interest of shareholders that we evaluate all options in order to del ...