Interests of Directors

Holidaybreak PLC
05 June 2006


                                Holidaybreak plc

                   Notification of Interests of Directors

Holidaybreak plc ("the Company") announces that on 5 June 2006, conditional
allocations of ordinary shares of 5p each in the Company were made under the
terms of the Holidaybreak plc 2006 Long Term Incentive Plan ("LTIP") to the
Directors of the Company as follows:

Director         EPS shares  TSR shares   Total number of shares in 
                                          conditional allocation

Carl Michel         18463      7913       26376
Robert Baddeley     8830       3784       12614
Nicholas Cust       9633       4128       13761
Mark Wray           9633       4128       13761
Simon Tobin         8830       3784       12614

The percentage of the allocation of LTIP awards eventually to vest is dependent
on the satisfaction of performance criteria over a three-year performance period
ending 30 September 2008:

70% of the shares (EPS shares) will be subject to a performance condition based
on the Company's growth in EPS relative to the growth in RPI over three
financial years*.

30% of the shares (TSR shares) will be determined by the Company's Total
Shareholder Return (TSR) performance relative to the other companies comprising
the FTSE 250 (excluding investment companies)**.

The conditional allocations shown above represent the maximum potential award
possible if all performance criteria are met at the end of the three-year
performance period. If and to the extent that the performance criteria are met
at the end of the three-year performance period, the relevant number of shares
will be transferred to executives.

* The maximum allocation of EPS shares only vests if the Company's growth in EPS
exceeds growth in RPI over the three-year period at or above 24%. No shares vest
if the growth in EPS over RPI is below 9%. Between 24% and 9% shares vest on a
scale from 100% to 30%.

** The maximum allocation of TSR shares only vests if the Company's TSR over the
performance period is ranked in the upper quartile in the comparator group. No
shares vest if the Company's TSR over the performance period is ranked below
median in the comparator group. Between upper quartile and median in the
comparator group, shares vest on a scale from 100% to 30%.

Following the above allocations the directors have notified their interests in
the share capital of the Company in accordance with Disclosure Rule 3.1.2 (R)
and section 324 of the Companies Act as follows:

Director          No. of      No. of     No. of shares in conditional 
                  shares      options    allocations under 2006 LTIP

Carl Michel        1,000         nil      26376
Robert Baddeley   32,678     140,622      12614
Nicholas Cust      3,844     145,668      13761
Mark Wray         12,772     144,450      13761
Simon Tobin          nil     136,271      12614

Holidaybreak plc has today received notification from Mourant ECS Trustees
(Jersey) Limited ("Mourants"), as trustee of the Holidaybreak plc Employee
Benefit Trust, that it sold 71,103 ordinary shares in Holidaybreak plc.
Holidaybreak plc has also received notification from Holidaybreak Trustee
Limited, as trustee of The Holidaybreak Employee Trust ("the Trust"), that it
today purchased 71,103 ordinary shares in Holidaybreak plc in respect of the
Holidaybreak plc 1996 Unapproved Share Option Scheme ("the Scheme"). Robert
Baddeley, Nicholas Cust, Mark Wray and Simon Tobin have an interest in the
shares purchased by the Trust by virtue of their being participants in the
Scheme and Carl Michel, Robert Baddeley, Nicholas Cust, Mark Wray and Simon
Tobin have an interest in shares held by Mourants by virtue of their being
participants in the LTIP.



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