EGM Statement

16 October 2002

                     Online Travel Corporation plc ('OTC')                     

                    Result of Extraordinary General Meeting                    

OTC announced that, at the Extraordinary General Meeting held earlier today,
the resolutions put to the shareholders of OTC were duly passed.

Notwithstanding the terms of the second resolution granting the directors
authority to allot new shares in the capital of OTC, the chairman of the
meeting confirmed that the directors had no present intention of exceeding the
limits of the ABI guidelines on directors' general authority to allot new
shares.

Commenting, Mark Jones, Managing Director of OTC, said:

'I am delighted that our shareholders have approved the placing of new shares.
With the additional financial strength that this provides, the board are
confident that OTC is well positioned to grow within its chosen markets.'

Enquiries:

Online Travel Corporation plc                                          
                                                                       
Mark Jones                                                020 8607 9281
                                                                       
Cardew & Co.                                                           
                                                                       
Richard Fallowfield                                       020 7930 0777