TRAVELZOO — Director's Dealing 2006

May 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO INC (TZOO)
CIK: 0001133311
Period of Report: 2006-04-27

Reporting Person: Ralph Bartel 2005 Trust (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-27	Common Stock	S	306900	$40.05	Disposed	11514070	Indirect

Footnotes

F1: Represents a sale of 310,000 shares of TZOO Inc. common stock in which Ralph Bartel indirectly holds 99% of TZOO Inc. through
this Reporting 10% Owner, and Holger Bartel, brother of Ralph Bartel, indirectly holds the remaining 1% of TZOO Inc. through
HBT Corporation LLC.

F2: The Reporting 10% Owner disclaims beneficial ownership of securities in excess of its 99% holdings in TZOO Inc.