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Sabre Holdings Declares Quarterly Dividend

Sabre Holdings Corporation announced that its Board of Directors declared a $0.075 dividend payable on Aug. 16, 2004, to shareholders of record at the close of regular trading on July 30, 2004.It is the company’s intention to pay a comparable quarterly dividend going forward, subject to financial ability and a determination by the Board of Directors that cash dividends continue to be in the best interest of the company and its shareholders.