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ALLOCATION OF SHARES UNDER THE DEFERRED ANNUAL BONUS SCHEME ("DABS")

On 2 December 2009, the following shares were allocated to members of the TUI Travel PLC Board under the Deferred Annual Bonus Scheme which may be acquired for nil cost:

Name	Number of Deferred Shares	Number of Matching Shares*
Peter Long	262,022	1,048,088
Paul Bowtell	120,838	483,352
William Waggott	88,368	353,472
Volker Böttcher	101,819	407,276
Johan Lundgren	105,863	423,452

*    The release of these shares, at the discretion of the Remuneration Committee between the 3rd and 10th anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

ALLOCATION OF SHARES UNDER THE PERFORMANCE SHARE PLAN

On 2 December 2009, the following shares were allocated to members of the TUI Travel PLC Board under the Performance Share Plan which may be acquired for nil cost:

Name	Number of Shares*
Peter Long	698,725
Paul Bowtell	241,676
William Waggott	176,736
Volker Böttcher	203,639
Johan Lundgren	248,664

*    The release of these shares, at the discretion of the Remuneration Committee between the 3rd and 10th anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

DIRECTORS' DEALINGS

Value Creation Synergy Plan ("VCSP") and the Deferred Annual Bonus Scheme ("DABS")

The following shares, subject to awards under the VCSP and deferred allocations awarded in 2007, 2008 and 2009 under the DABS, have been released to the PDMRs listed below and sufficient shares have been sold to cover the taxation and other statutory withholding obligations arising.

Name	Released	Sold	Date of Sale	Share/Release Price (p)
Peter Long	1,231,571	504,947	02/12/2009	243.3
Paul Bowtell	550,157	225,567	02/12/2009	243.3
William Waggott	456,977	187,363	02/12/2009	243.3
Johan Lundgren	584,760	239,753	02/12/2009	243.3

The shares not sold to cover the taxation and other statutory withholding obligations arising are held on behalf of the PDMR by the trustee of the TUI Travel Employee Benefit Trust until the later of the third anniversary of the award date and such time as it is determined that the associated forfeiture provisions imposed at the date of award no longer apply.

Under clawback arrangements entered into by each PDMR, each PDMR remains liable to transfer to the Company (or to such other person as the Company directs) such number of shares equivalent to the released shares on a gross basis (ie including such number of shares equivalent to the number of shares sold to cover the taxation and other statutory withholding obligations arising) until such time as it is determined that the associated forfeiture provisions imposed at the date of award no longer apply.

In total Peter Long (Chief Executive) retains an interest in 8,537,698 shares, relating to 3,154,859 personal holding, 3,096,697 under the Deferred Annual Bonus Scheme and 2,286,142 under the Performance Share Plan. 

Purchase of shares by William Waggott

On 2 December 2009, William Waggott purchased 15,715 shares at 247.8 pence per share.

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