Grant of Options

Online Travel Corporation PLC 13 January 2004 Online Travel Corporation plc ('OTC' or the 'Company') Grant of Options OTC announces that on 12 January 2004, pursuant to the Company's unapproved share option scheme, the Board of OTC granted options over 1,000,000 ordinary shares of 1p each in the Company, all at an exercise price of 20.25 pence, to the following directors: Number of Options Mark Jones 500,000 Rob McDonald 300,000 Mark Simpkins 100,000 Andreas Ekkeshis 100,000 For each director, half of the granted share options will be exercisable from 12 January 2007 with the remainder becoming exercisable from 12 January 2008. Enquiries: Online Travel Corporation plc Mark Jones 0208 607 9281 This information is provided by RNS The company news service from the London Stock Exchange