TT. Tui Travel

TIDMTT.

RNS Number : 1846W

TUI Travel PLC

23 January 2013

For Immediate Release

Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction

23 January 2013

Announcement by TUI Travel PLC ("TUI Travel")

The Independent Directors of TUI Travel note the statement made this morning by TUI AG. Following the announcement on 16 January 2013 which confirmed very early stage talks regarding a potential combination of the two companies, both sides promptly engaged in detailed discussions but failed to reach agreement. The Independent Directors of TUI Travel confirm that the parties are no longer in discussions.

TUI Travel can confirm it is not in discussions with any other party regarding a potential offer for TUI Travel. Accordingly, TUI Travel is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers.

A copy of this announcement will be available at www.tuitravelplc.com.

Enquiries:

 
 TUI Travel 
 Lesley Allan, Corporate Communications    +44 (0) 1293 
  Director                                  645 774 
 Mike Ward, External Communications        +44 (0) 1293 
  Manager                                   645 776 
 Andy Long, Head of Strategy &             +44 (0) 1293 
  Investor Relations                        645 769 
 
                                           +44 (0) 207 187 
 Lazard                                     2000 
 Nicholas Shott 
 Cyrus Kapadia 
 Vasco Litchfield 
 
                                           +44 (0) 207 796 
 Hudson Sandler                             4133 
 Michael Sandler 
 

Important Notice

Lazard & Co., Limited, who is authorised and regulated in the UK by the Financial Services Authority, is acting for TUI Travel and no-one else in connection with the matters referred to in this announcement and will not regard any other person as a client in relation to the matters referred to in this announcement and will not be responsible to anyone other than TUI Travel for providing the protections afforded to its clients or for providing advice in relation to any matters referred to in this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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