Director Shareholding

Online Travel Corporation PLC 30 July 2001 ONLINE TRAVEL CORPORATION PLC GRANT OF SHARE OPTIONS The Board of Online Travel Corporation plc (the 'Company') announces that on 30th July 2001, it granted options over 250,000 ordinary shares of 1pence each to two directors of the Company under the Company's unapproved share option scheme. This represents 0.31% of the issued ordinary share capital of the Company. These options are exercisable at a subscription price of 28p after 30th July 2003 but before 30th July 2011. Director Position in No. of % of shares Total no. of % of shares the Company options in issue options now held in issue held Elan Non-executive 250,000 0.31% 400,000 0.50% Blutinger director Robert Technology 600,000 0.75% 700,000 0.88% McDonald director Totals 850,000 1.06% 1,100,000 1.38% END
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