Thomson Travel Group PLC
27 July 2000
THOMSON TRAVEL'S RESPONSE
TO PREUSSAG DECLARING OFFER UNCONDITIONAL
Following the announcement by Preussag AG ('Preussag') that it
has declared its Offer for Thomson Travel Group ('Thomson
Travel') wholly unconditional, Charles Gurassa, Chief Executive,
Thomson Travel Group said:
'We are delighted that following regulatory clearance, Preussag
has declared its Offer wholly unconditional. We now look
forward to working closely with our new colleagues at Preussag
as part of the world's leading leisure travel group. For our
employees, this is good news as it will open up more career
opportunities. Thomson Travel and Preussag share similar
philosophies based on providing excellent quality holidays at
attractive prices. In the future, we believe the group's
customers will benefit from even greater choice and product
quality. We are particularly pleased that Founders Club Members
will continue to enjoy their benefits under Preussag's
ownership.
'As far as Thomson Travel's trading position is concerned, as we
enter the important late trading season, performance to date is
in line with our expectations.'
Enquiries:
Thomson Travel Group
Russell Amerasekera 020 7391 0274
The Maitland Consultancy
Richard Holloway/Laura Frost/Martin Leeburn 020 7379 5151