THE BOARD OF DIRECTORS AND STOCKHOLDERS
SABRE HOLDINGS CORPORATION
We have audited, in accordance with auditing standards generally accepted in the United States, the consolidated balance sheets of Sabre Holdings Corporation and subsidiaries as of December 31, 2002 and 2001, and the related consolidated statements of income, stockholders’ equity and cash flows for each of the three years in the period ended December 31, 2002 (not presented separately herein), and in our report dated January 13, 2003, we expressed an unqualified opinion on those financial statements. In our opinion, the information set forth in the accompanying condensed consolidated financial statements is fairly stated in all material respects in relation to the consolidated financial statements from which it has been derived.
As discussed in Note 2 to the consolidated financial statements, filed as part of Form 10-K/A, effective January 1, 2002, the Company adopted Statement of Financial Accounting Standards No. 142, Goodwill and Other Intangible Assets.
Dallas, Texas
January 13, 2003 |