TRAVELZOO — Director's Dealing 2008

Aug 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO INC (TZOO)
CIK: 0001133311
Period of Report: 2008-08-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-13	Common Stock	P	13076	$7.47	Acquired	8145742	Indirect

Footnotes

F1: Represents a purchase of 13,208 shares of Travelzoo Inc. common stock by Azzurro Capital Inc. in which the Ralph Bartel 2005
Trust indirectly holds 99% of Azzurro Capital Inc. and Holger Bartel, the brother of Ralph Bartel, indirectly holds the
remaining 1% of Azzurro Capital Inc. through HBT Corporation LLC.

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