Statement re Thomas Cook Contract

FOR IMMEDIATE RELEASE                                                        
       

6 OCTOBER 2003

                         ONLINE TRAVEL CORPORATION PLC                         

                           AGREEMENT WITH THOMAS COOK                          

Online Travel Corporation plc ('OTC'), the travel technology and distribution
group, today announces that it has entered into an initial two year contract to
provide a new UK e-commerce platform for Thomas Cook, one of the world's
leading travel groups.

Thomascook.com is to be provided with a customised version of OTC's software
for flights, hotels, car hire and insurance, together with its pioneering
Build-Your-Own (BYO) self-packaging technology.

In addition, the extensive agreement also incorporates the supply by OTC of a
portfolio of financial and administrative support systems, including web-based
call centre support tools, e-ticketing, fulfillment and financial
reconciliation systems, and real-time browser-based management information
tools, allowing the operator to monitor online performance and enable instant
price and product changes to react to changing market conditions.

Mark Jones, CEO of OTC, said: 'This is a landmark contract for OTC. Our
agreement with Thomas Cook underlines the quality and flexibility of our
systems and demonstrates our ability to realise our ambition of becoming a
major supplier of e-commerce solutions to the travel industry. Thomas Cook is
one of the biggest global travel brands. We look forward to helping
Thomascook.com to achieve a similar status in the online travel sector.  

                                   

For further information, please contact:

Online Travel Corporation plc                                                           
                                                                                        
Mark Jones, Managing Director (8am -                            Tel [phone]
10am)                                                                                   
                                                                Tel [phone]
Mark Simpkins, Finance Director (10am                                                   
onwards)                                                                                
                                                                                        
Cardew Chancery                                                                         
                                                                                        
Richard                                                       Tel: + 44 (0) 20 7930 0777
Fallowfield                                                                             
                                                              Tel: + 44 (0) 20 7930 0777
Jeanette                                                                                
Hamster