Re Agreement

TBI PLC
easyJet PLC
30 August 2001



FOR IMMEDIATE RELEASE                                  30 August 2001


                            TBI plc and easyJet plc

      Joint Statement Re. Extension of Agreement at London Luton Airport


Following the joint announcement made by TBI and easyJet on 26 July 2001 with
regard to landing fees at London Luton Airport, both companies announce that
constructive negotiations towards a mutually beneficial agreement continue.

Substantial progress has already been made but due to the complexity of the
discussions,  both companies have agreed an extension to the existing charges
until negotiations are concluded when there will be a further announcement.



Enquiries:


TBI plc

Keith Brooks, Chief Executive                             020 7408 7300
Caroline Price, Finance Director

easyJet plc                                               01582 525 339
Ray Webster, Chief Executive
Chris Walton, Finance Director
Toby Nicol, Corporate Communications

Buchanan Communications for TBI

Charles Ryland                                            020 7466 5000
Nicola Cronk


Notes to editors:


*   TBI and easyJet already have a successful relationship at Belfast
    International Airport (BIA), which is wholly owned by TBI.

*   easyJet started operating flights from BIA to Luton in 1998 and has
    since added services to other domestic and international destinations.

*   easyJet will be extending its services from BIA to Scottish
    destinations in August 2001.