AGM Statement

Holidaybreak PLC
14 March 2006





HOLIDAYBREAK PLC


AGM update on current trading and outlook


Holidaybreak, the European specialist holiday group, today issues an update on
current trading and outlook to coincide with its AGM.

Sales for Hotel Breaks are currently 3% below last year. This decline was
anticipated but the expected recovery in demand post Christmas, particularly
into London, has so far been slower than expected. Online sales continue to grow
well and are up 10% on the comparative period last year with encouraging take up
of our travel agency website by high street outlets.

Adventure Travel has once again built on a strong start and sales are 11%
higher. We anticipate another good performance from this division in the current
year.

Camping sales to date are 7% lower than last year in the context of a 16%
reduction in capacity. We are currently over 75% booked for the whole season,
slightly ahead of plan and last year. The emphasis to date has been on getting
better low season occupancy.

Overall, we remain focused on maximising yields and optimising distribution,
particularly through the internet, which now accounts for more than 40% of sales
and continues to grow. The Group has the financial strength to capitalise on
changing market trends and thus intends to grow organically and, where
appropriate, by acquisition. We remain happy with both our Dutch acquisitions.
We will continue to pursue selected international growth opportunities in
attractive markets which have the potential to deliver good financial returns.

The Group once again expects to deliver double-digit margins, well above
industry norms. Cash generation remains strong and we anticipate a substantial
reduction in the year-end net debt position.

We expect to announce our Interim Results for the half-year ended 31 March 2006
on 17 May 2006.



Enquiries:

Carl Michel / Robert Baddeley Holidaybreak [phone]

James Hogan / Craig Breheny / Lucie Anne Brailsford Brunswick [phone]
5959



Note to Editors

Holidaybreak (HBR.L) is listed on the London Stock Exchange. The European
specialist holiday group sold 3.0m holidays in the year ended 30 September 2005
(2004: 2.3m). Holidaybreak has three operating divisions: Hotel Breaks,
Adventure Travel and Camping. Each is a market leader in its respective
specialist sector of the European holiday industry, has multi-channel
distribution and is recognised for providing high standards of product and
service quality.



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