Acquisition

Online Travel Corporation PLC
13 November 2000



Online Travel Corporation plc



OTC acquires Australian company in partnership with Concorde



Online Travel Corporation Pty Limited, a wholly owned subsidiary of Online
Travel Corporation plc ('OTC') has, in a 50:50 partnership with Concorde
International Travel Limited ('Concorde'), acquired Breakaway Travel Club Pty
Limited ('Breakaway').



Breakaway, based in Sydney, is a leading operator of travel trade concessions
in Australia, with circa 15,000 active travel trade members. OTC and Concorde
intend to expand the operations of Breakaway, utilising their online
technology, travel trade experience and the Concorde network of travel agents.



Concorde is a leading travel organisation, with over A$ 1.7 billion in
turnover from operations in Australia, New Zealand, United States, Canada,
Vietnam and Europe.



OTC and Concorde have acquired Breakaway for a consideration of A$ 100,000 (£
36,400) cash and the issue of 200,000 ordinary shares in OTC subject to
certain regulatory approvals in Australia. Completion is expected in December
2000 following clearance of such approvals.



Breakaway's profits after tax for the year ended 30th September 2000 amounted
to A$ 70,200 (£25,500) on a turnover of A$ 6,100,000 (£2,220,000), and net
assets at that date were A$ 29,900 (£10,900).



Mark Jones, the Managing Director of OTC comments 'The acquisition of
Breakaway will enable us to strengthen this niche market aspect of our
business and to leverage our technology in new markets. The strategic alliance
with Concorde, the leading travel organisation in Australia, is an excellent
opportunity to build a valuable partnership and presence in this fast
expanding market.'



The joint Managing Director of the Concorde Group, Mr Eddy Baldacchino,
comments, 'We are excited to be joining with such an expert partner as OTC,
and view this investment as an extension of our core business of distributing
travel products to the industry in Australia.'



 For further information, please contact:


OTC                                         Tel:  [phone]
Mark Jones, Managing Director               Tel:  [phone]
Robert Falkner, Finance Director            Tel:  [phone]

Buchanan Communications                     Tel:  [phone]
Nicola How / Isabel Petre








Notes to Editors:



On Line Travel Corporation plc

OTC is an Internet based travel technology and distribution business,
providing a comprehensive range of technological solutions, travel products
and ancillary travel services to ISP's, Media and Affinity Groups and
Corporate Organisations.



It provides bespoke technology solutions linked to its wide product range to
produce a one-stop travel service through the Internet, supported by telephone
call centres for leisure and corporate clients to fulfil their travel needs.



OTC provides a comprehensive range of travel products and ancillary travel
services is both a travel agent and tour operator. OTC strategy focuses on
low-cost routes to market with lower customer acquisition costs compared to
that of a mass-market consumer brand and is focused on selected business
areas.



OTC has launched 47 travel sites with Strategic Partners in 9 months - 35
within leisure travel, 6 within corporate travel and 6 within concession
travel. This has increased OTC's potential customer base to over 10 million
online users.



OTC is quoted on the Alternative Investment Market of the London Stock
Exchange, having been admitted in June of this year after raising £6.5
million. Additional information is available at
www.onlinetravelcorporation.com.





Concorde International Travel

Concorde International Travel is a unified travel organisation, with travel
industry focused teams in Australia, New Zealand, United States, Canada,
Vietnam and Europe.



Concorde is the largest wholesaler of airline tickets in Australasia, with
revenues in excess of A$ 1.7 billion, and is fifty percent owned by British
Airways Plc.







13 November 2000