Response to Press Comment

Online Travel Corporation PLC 15 December 2003 Online Travel Corporation plc ('OTC' or the 'Company') Response to Press Comment The board of OTC has noted the press comment over the weekend with regards a possible fundraising by the Company and can confirm that it is in the final stages of completing such an exercise. It is the current intention of OTC to announce details of a proposed fundraising along with its preliminary results for the year ended 31st October 2003, on 16th December 2003. For further information, please contact: Online Travel Corporation plc Mark Jones, Chief Executive Tel: + 44 (0) 20 8607 9281 Mark Simpkins, Finance Director Tel: + 44 (0) 20 8408 6742 CardewChancery Richard Fallowfield Tel: + 44 (0) 20 7930 0777 Jeanette Hamster Tel: + 44 (0) 20 7930 0777 This information is provided by RNS The company news service from the London Stock Exchange