New Contract

19 December 2002 ONLINE TRAVEL CORPORATION PLC ONLINE TRAVEL SIGNS CONTRACT WITH PRICELINE.CO.UK Online Travel Corporation plc (`OTC'), the internet-based travel technology and distribution business, said today that it has entered into an agreement to make its travel products available for sale through Priceline.co.uk, the London-based travel web site majority-owned by priceline.com, Incorporated. For further information, please contact: Online Travel Corporation plc Mark Jones Tel: 020 8607 9281 Cardew Chancery Richard Fallowfield Tel: 020 7930 0777 Notes for Editors OTC is a travel technology and distribution business, providing a comprehensive range of technological solutions, travel products and ancillary travel services to ISP's, Media and Affinity Groups and Corporate Organisations. It provides bespoke technology solutions linked to its wide product range to produce a one-stop travel service through the Internet, supported by telephone call centres for leisure and corporate clients to fulfil their travel needs. OTC provides a comprehensive range of travel products and ancillary travel services is both a travel agent and tour operator. OTC strategy focuses 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. OTC has launched over 100 travel sites in the last 18 months and via these partner sites has access to a potential customer base to over 16 million online users. OTC is quoted on the Alternative Investment Market of the London Stock Exchange. Additional information is available at www.onlinetravel.com Priceline.co.uk is the UK online travel service majority owned and operated by priceline.com, Incorporated. The service offers discounted hotel rooms, airline tickets and car hire. Visit the service at www.priceline.co.uk.