Director Shareholding

Holidaybreak PLC
26 February 2004

On 26 February 2004 Matthew James Cheetham, Director of Holidaybreak plc, was
granted an option over 10,213 ordinary 5p shares in Holidaybreak plc under the
terms of the Holidaybreak plc 1996 Unapproved Share Option Scheme at an Option
Price of 563 pence per share. The exercise of the option is subject to
achievement of performance criteria in which the increase in earnings per share
measured over a fixed period of five financial years beginning from the
commencement of the financial year in which the grant of the option takes place
must be at least 15% above the increase in the Retail Price Index measured over
the same period.



Subject to performance criteria being met, the Option will be exercisable during
the period 1.10.2008 to 26.2.2014.



Following the above notification, Matthew Cheetham's interest in the share
capital of Holidaybreak plc is as follows:



No. Ord 5p Shares                          No. Options
1                                          15,541






                      This information is provided by RNS
            The company news service from the London Stock Exchange