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The following is an excerpt from a S-1/A SEC Filing, filed by ORBITZ INC on 7/3/2002.
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ORBITZ INC - S-1/A - 20020703 - DIVIDEND_POLICY


DIVIDEND POLICY

        Orbitz, Inc. has never declared or paid cash dividends on its capital stock and Orbitz, LLC has never declared any distributions to its members. We do not anticipate that Orbitz, Inc. will pay any cash dividends in the foreseeable future. We intend to retain all available funds and any future earnings to fund the development and growth of our business.

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