Exclusive Contract with British Airways

Online Travel Corporation PLC 3 July 2000 Online Travel Corporation plc New online sites for British Airways Preferred Agents and Institute of Travel & Tourism Online Travel Corporation plc ('OTC') has a new exclusive contract with British Airways to operate the Preferred Agents Travel Club (PATC) for up to 50,000 travel trade employees. OTC will allow members of PATC online access to concessions for holidays and leisure travel on British Airways routes throughout the world. Members will also have access to thousands of travel concessions on hotels, car hire, packaged holidays and nine of the world largest cruise companies, in addition to concessions on Eurotunnel, Hoverspeed, Irish Ferries and ancillary products such as airport car parking, travel insurance, sunglasses and cameras. (http://www.patc.co.uk) Commenting on the new club, OTC Managing Director, Mark Jones said: 'OTC's pioneering technology will offer PATC members exclusive access to the very best travel concessions 24 hours a day 7 days a week, but members will still have the comfort and security of our dedicated call centre support.' OTC has also launched a new integrated travel site for members of The Institute of Travel & Tourism (ITT). (http://www.ittonline.co.uk) OTC has now launched five sites for the travel trade this year and has already signed up over 60,000 travel trade employees as members. Travel Agents Travel Club (http://www.tatc.co.uk) Thomas Cook Staff Travel Club (http://www.tctclub.co.uk) International Travel Industry Club (http://www.iticonline.co.uk) British Airways Preferred Agents Travel Club (http://www.patc.co.uk) Institute of Travel & Tourism Club (http://www.ittonline.co.uk) For further information, please contact: OTC Tel: +44 (0) 20 8255 2247 Mark Jones, Managing Director Robert Falkner, Finance Director Buchanan Communications Tel: +44 (0) 20 7466 5000 Nicola How / Isabel Petre Notes to Editors: OTC is a travel agent and tour operator providing a comprehensive range of travel products and ancillary travel services. It provides a one-stop travel service through the Internet and through telephone call centres for leisure and corporate clients to fulfil their travel needs. OTC's activities and approach concentrate on low-cost routes to market with lower customer acquisition costs compared to that of a mass market consumer brand and is focused on selected business areas Since October 1999, OTC has launched 27 websites, including its own brands for leisure and business travel, and 24 with a range of strategic partners, travel trade clubs and affinity groups. These strategic partners include ISPs, specialist e-businesses, media and telecommunications companies, including LineOne, Freeserve and Virgin.net and they provide OTC with access to a potential customer base currently exceeding 5 million online users per month OTC is quoted on the Alternative Investment Market of the London Stock Exchange, having been admitted in June of this year after raising £6.5 million. 30th June 2000