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Thomson Travel Grp. (TRV)

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Thursday 27 July, 2000

Thomson Travel Grp.

Offer Update

Thomson Travel Group PLC
27 July 2000


Not for release, publication or distribution in or into the United States of
America.

Recommended Cash Offer by Goldman Sachs International on behalf of 
Preussag AG for Thomson Travel Group plc

OFFER WHOLLY UNCONDITIONAL

The Board of Preussag announces that on Wednesday, 26 July 2000 the European
Commission issued its decision under Article 6(1)(b) of the Council Regulation
to clear the acquisition of Thomson Travel Group. In accordance with the
conditions of the Offer, the Board of Preussag has decided to declare the
Offer wholly unconditional. The Offer will remain open until further notice.

As at 3.00 p.m. on Wednesday 26 July 2000, Preussag either owned or had
received acceptances in respect of a total of 798,516,904 Thomson Travel Group
Shares, representing approximately 79.9 per cent. of the issued share capital
of Thomson Travel Group. Valid acceptances of the Offer have been received in
respect of a total of 599,515,728 Thomson Travel Group Shares, representing
approximately 60.0 per cent. of the issued share capital of Thomson Travel
Group.  This includes acceptances received pursuant to irrevocable
undertakings from the Directors and certain institutional shareholders of
Thomson Travel Group in respect of, in aggregate, 253,618,357 Thomson Travel
Group Shares, representing approximately 25.4 per cent. of the issued share
capital of Thomson Travel Group.

In addition, during the Offer Period, Preussag has acquired 199,001,176
Thomson Travel Group Shares, representing approximately 19.9 per cent. of the
issued share capital of Thomson Travel Group.

Save as disclosed above, neither Preussag nor any person deemed to be acting
in concert with Preussag held any Thomson Travel Group Shares or rights over
Thomson Travel Group Shares prior to the commencement of the Offer Period on 4
April 2000, or has either acquired or agreed to acquire any Thomson Travel
Group Shares or rights over Thomson Travel Group Shares since then.

Terms defined in the Offer Document dated 14 June 2000 have the same meaning
in this announcement unless the context otherwise requires.

Enquiries:

Preussag AG

Dr. Susanne Knorre          +49 511 566 1326 

Dr. Frank Laurich           +49 511 566 1427 

Goldman Sachs International 

Nigel Robinson              +44 207 774 1000


The Offer is not being made, directly or indirectly, in, or into, or by use of
the mails of, or any means or instrumentality (including, without limitation,
facsimile transmission, e-mail, telex or telephone) of interstate or foreign
commerce of or any facilities of a national securities exchange of, the United
States and the Offer is not capable of acceptance by such use, means,
instrumentality or facilities.

Goldman Sachs International, which is regulated in the United Kingdom by The
Securities and Futures Authority Limited, is acting exclusively for Preussag
and for no one else in connection with the Offer and will not be responsible
to anyone other than Preussag for providing the protections afforded to
customers of Goldman Sachs International or for giving advice in relation to
the Offer or any matters referred to herein.

The Directors of Preussag accept responsibility for the information contained
in this announcement and, to the best of their knowledge and belief (have
taken all reasonable care to ensure that such is the case), the information
contained in this advertisement is in accordance with the facts and does not
omit anything likely to affect the import of such information.

The contents of this announcement, which have been prepared by and are the
sole responsibility of Preussag, have been approved by Goldman Sachs
International for the sole purposes of section 57 of the Financial Services
Act 1986.


                                                                                
                                                                                
                                                    

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