Statement re New Contracts

FOR IMMEDIATE RELEASE 14 OCTOBER 2003 ONLINE TRAVEL CORPORATION PLC NEW CONTRACTS Online Travel Corporation plc ('OTC'), the travel technology and distribution group, today announces that it has secured four new contracts with an aggregate annual gross sales value of approximately £7million. Business Travel In its recent trading update, OTC noted that a pipeline of potential new contracts could be indicative of a recovery in the business travel sector. OTC is now pleased to announce that it's business travel division, Travelstore.com, has secured new contracts to provide travel services to web booking agency Ekonsol, drinks distiller Chivas Brothers Limited and an expansion of its current contract with media giant Inter Public Group Plc to include other subsidiaries. Leisure Travel Following the announcement of a major contract with Thomas Cook last week, OTC is also pleased to announce a new contract to provide technology and fulfillment services to online travel provider, Cheaptickets.co.uk. Mark Jones, CEO of OTC, said: 'The business travel contract wins are evidence of the strength of the Travelstore.com online technology platform and the quality of our business travel support services. The contract with Cheaptickets.co.uk is further evidence of our growing status as a technology provider to the travel industry and is one of several new travel licensing contracts in the pipeline.' For further information, please contact: Online Travel Corporation plc Mark Jones, Chief Executive Tel +44 (0) 20 8607 9281 Cardew Chancery Jeanette Hamster Tel: + 44 (0)20 7930 0777
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