X0202 4 2004-05-14 0001020265 SABRE HOLDINGS CORP NYSE: TSG 0001184332 MARSCHEL GLENN W 3150 SABRE DRIVE SOUTHLAKE TX 76092 1 0 0 0 Deferred Stock Units 23.51 2004-05-14 4 A 0 19.99 23.51 A Class A Common Stock 19.99 6283.73 D Stock Equivalent Units 23.51 2004-05-14 4 A 0 42.46 23.51 A Class A Common Stock 42.46 13350.8 D The deemed purchase price for such securities is the fair market value of shares of Sabre Holdings' Class A Common Stock on May 14, 2004, the payment date for a cash dividend. Reflects automatic reinvestment of a cash dividend on securities held as of April 30, 2004, the record date for such dividend, pursuant to the terms and conditions of the Sabre Holdings Corporation 2003 Directors Deferred Compensation and Deferred Stock Unit Plan. Deferred Stock Units are accrued under Sabre Holdings Corporation 2003 Directors Deferred Compensation and Deferred Stock Unit Plan and are to be settled in cash after the Reporting Person leaves the Board of Directors. Stock Equivalent Units are accrued under Sabre Holdings Corporation 2003 Directors Deferred Compensation and Deferred Stock Unit Plan and are to be settled in cash pursuant to Reporting Person's Deferral Election Form. Glenn W. Marschel, Jr. by James F. Brashear, attorney-in-fact 2004-05-18