Holidaybreak Ends Discussions

Holidaybreak PLC
02 June 2006


2 June 2006



HOLIDAYBREAK PLC

Camping - Holidaybreak ends discussions

The Board of Holidaybreak, the European specialist holiday group, confirms that
it has ended discussions regarding the possible sale of the Group's Camping
Division.

On 20 March 2006, the Board announced that it had received several expressions
of interest to acquire Camping. These have been fully investigated. However, the
Board has now decided to end these discussions as the proposed indicative offers
were below the value that the Board attributes to Camping as an integral part of
the Group.

In Holidaybreak's interim results announcement on 17 May 2006, it was announced
that: 'Camping trading is in line with our expectations to deliver cash and good
margins in the full year.' This remains the case.

Given the strength of its balance sheet and its excellent cash generation,
Holidaybreak remains well positioned to grow by acquisition. As stated on 17
May, management continues to consider a number of potential transactions.

Carl Michel, Chief Executive, said:

'The Board has ended the process regarding Camping and believes that keeping it
within the Group will deliver the greatest value to shareholders going forward.
With the growth of the other divisions, Camping now represents less than a third
of the Group by turnover and is expected to generate cash and deliver good
margins in the full year.

The Group is in good shape and continues to explore both organic and acquisition
opportunities across all divisions.'

Enquiries:

Brunswick:
James Hogan / Ash Spiegelberg                             [phone]



Note to Editors

Holidaybreak (HBR.L) is listed on the London Stock Exchange. The European
specialist holiday group sold 3m 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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