Holding in Company

Online Travel Corporation PLC
12 February 2004


Online Travel Corporation plc ('OTC' or the 'Company')

Holding in Company

On 12 February 2004 the Company was notified by Herald Investment Trust plc 
('HIT') that it now holds 6,500,000 ordinary shares of 1p each in the Company, 
representing approximately 3.67 per cent. of OTC's issued ordinary share capital.

Enquiries:

Online Travel Corporation plc
Mark Simpkins                        0208 408 6742


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