Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction
23 January 2013
For Immediate Release
No intention to make an offer for TUI Travel Plc ("TUI Travel")
On 16 January 2013, the Independent Directors of TUI Travel announced that they had recently received an approach from TUI AG which may or may not result in a combination of the two companies.
In accordance with the UK City Code on Takeovers and Mergers ("the Code") requirements, TUI AG confirms that it does not intend to make an offer for TUI Travel. Accordingly, TUI AG is bound by the restrictions under Rule 2.8 of the Code.
A copy of this announcement will be available on the TUI AG website at www.tui-group.com
Enquiries:
Investor Relations:
Björn Beroleit +49 (0) 511 566 1310
Nicola Gehrt +49 (0) 511 566 1435
Media:
Uwe Kattwinkel +49 (0) 511 566 1417
Robin Zimmermann +49 (0) 511 566 1488