AGM Update

Holidaybreak PLC
15 February 2007



15 February 2007: For immediate release

HOLIDAYBREAK PLC

AGM update


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

TRADING IN LINE WITH MANAGEMENT EXPECTATIONS

Sales intake for Hotel Breaks is currently 10% above last year. The recovery in
market conditions experienced in the second half of last financial year has
continued. Value-added business into London, with its strong theatre offerings,
has been particularly buoyant. Value-added products now account for 40% of
Superbreak's sales. As previously disclosed, margins will be lower this year as
we continue to invest in developing our on-line offering. Recent enhancements
include maps and a facility to pay by PayPal. Customer feedback facilities will
be "live" in the near future.

Adventure Travel has once again built on a strong start and current like for
like sales are 8% up. We anticipate another good performance from this division
in the current year. The German businesses we acquired at the end of last
financial year, Carpe Diem and TravelWorks, have shown encouraging year on year
growth.

Camping sales to date are 2% lower than last year in the context of a 4%
reduction in capacity. We are currently over 65% booked for the whole season, in
line with plan. As previously announced, we are investing £9.5m (net of disposal
proceeds) in the current financial year to replace older mobile homes.

Overall trading is in line with management expectations.

OUTLOOK AND STRATEGY

The Group once again expects to deliver double-digit margins, well above
industry norms. Cash generation is expected to remain strong while investing
£16m (net of disposals) in capital expenditure across the divisions this year.

The Group has the financial strength and resilience to exploit and benefit from
trends in a travel market which continues to change significantly. We intend to
grow the portfolio of brands under the Holidaybreak umbrella organically and by
acquisition. We recently acquired West End Theatre Bookings Limited which will
allow us to increase value-added sales into London. We have a good pipeline of
potential acquisitions as we continue to pursue selected growth opportunities in
attractive markets which should deliver good financial returns and generate
cash.

INTERIM RESULTS

We expect to announce our Interim Results for the six months ended 31 March 2007
on 18 May 2007.


Enquiries:

Carl Michel / Bob Baddeley                     Holidaybreak  [phone]
James Hogan / Craig Breheny / Ash Spiegelberg  Brunswick     [phone]


Note to Editors

Holidaybreak (HBR.L) is listed on the London Stock Exchange. The European
specialist holiday group sold 3.1m holidays in the year ended 30 September 2006
(2005: 3.0m). 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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