New Contract

19 December 2002

                         ONLINE TRAVEL CORPORATION PLC                         

ONLINE TRAVEL SIGNS CONTRACT WITH PRICELINE.CO.UK

Online Travel Corporation plc (`OTC'), the internet-based travel technology and
distribution business, said today that it has entered into an agreement to make
its travel products available for sale through Priceline.co.uk, the
London-based travel web site majority-owned by priceline.com, Incorporated.

For further information, please contact:

Online Travel Corporation plc                                              
                                                                           
Mark Jones                                               Tel: [phone]
                                                                           
Cardew Chancery                                                            
                                                                           
Richard Fallowfield                                      Tel: [phone]

Notes for Editors

OTC is a travel technology and distribution business, providing a comprehensive
range of technological solutions, travel products and ancillary travel services
to ISP's, Media and Affinity Groups and Corporate Organisations. It provides
bespoke technology solutions linked to its wide product range to produce a
one-stop travel service through the Internet, supported by telephone call
centres for leisure and corporate clients to fulfil their travel needs. OTC
provides a comprehensive range of travel products and ancillary travel services
is both a travel agent and tour operator. OTC strategy focuses on low-cost
routes to market with lower customer acquisition costs compared to that of a
mass-market consumer brand and is focused on selected business areas. OTC has
launched over 100 travel sites in the last 18 months and via these partner
sites has access to a potential customer base to over 16 million online users.
OTC is quoted on the Alternative Investment Market of the London Stock
Exchange. Additional information is available at www.onlinetravel.com

Priceline.co.uk is the UK online travel service majority owned and operated by
priceline.com, Incorporated. The service offers discounted hotel rooms, airline
tickets and car hire. Visit the service at www.priceline.co.uk.