TIDMTT.

RNS Number : 6077T

TUI Travel PLC

08 December 2011

TUI TRAVEL PLC

ALLOCATION OF SHARES UNDER THE DEFERRED ANNUAL BONUS SCHEME

On 7 December 2011, the following shares were allocated to members of the TUI Travel PLC Board under the Deferred Annual Bonus Scheme which may be acquired for nil cost:

 
                      Number of Shares 
                    Deferred   Matching* 
                   ---------  ---------- 
 Peter Long          451,578   1,806,312 
                   ---------  ---------- 
 Will Waggott        208,257     833,028 
                   ---------  ---------- 
 Volker Bottcher     170,306     681,224 
                   ---------  ---------- 
 Johan Lundgren      220,400     881,600 
                   ---------  ---------- 
 

*The release of these shares, at the discretion of the Remuneration Committee between the 3(rd) and 10(th) anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

ALLOCATION OF SHARES UNDER THE PERFORMANCE SHARE PLAN

On 7 December 2011, the following shares were allocated to members of the TUI Travel PLC Board under the Performance Share Plan which may be acquired for nil cost:

 
                    Number of Shares* 
 Peter Long                 1,032,179 
                   ------------------ 
 Will Waggott                 400,728 
                   ------------------ 
 Volker Bottcher              283,843 
                   ------------------ 
 Johan Lundgren               850,030 
                   ------------------ 
 

*The release of these shares, at the discretion of the Remuneration Committee between the 3(rd) and 10(th) anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

In total Peter Long (Chief Executive) retains an interest in 11,177,734 shares, relating to 3,774,589 personal holding, 4,929,883 under the Deferred Annual Bonus Scheme and 2,473,262 under the Performance Share Plan.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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