Acquisition

Holidaybreak PLC
28 September 2006


28 September 2006



                                HOLIDAYBREAK PLC
              Acquisition of two German specialist tour operators


Holidaybreak, the European specialist holiday group, today announces it has
acquired two German specialist tour operators. This is in line with its
established strategy of investing in European specialist holiday companies.

The businesses were acquired from the same private owners, founders Thomas Meier
and Janine Wegman: carpe diem Sprachreisen GmbH provides English and other
language holidays; TravelWorks GmbH provides working holidays and gap-year
breaks for students.

The businesses, based in Muenster, had a combined turnover of €13.8m (£9.3m) in
the 12 months ended 31 October 2005. The acquisitions are expected to be
marginally earnings enhancing (pre-amortisation of intangibles)* for
Holidaybreak in the financial year ended 30 September 2007.

The initial consideration of €10m (£6.7m) was paid in cash upon completion.
Additional consideration of up to €2m will be payable, dependent upon the
performance of the business over the twelve months following completion.

Thomas Meier and Janine Wegman will remain with the businesses, along with their
able and experienced management team.

Carl Michel, Chief Executive of Holidaybreak, said: "The acquisitions of carpe
diem and TravelWorks will provide us with profitable, growing businesses in the
largest travel market in Europe. They will sit within our Adventure Travel
Division, increasing our activities in the rapidly growing 'specialist' sector
of the holiday market. I am pleased to welcome their teams into our group".



*This statement should not be taken to mean that the earnings per share of
Holidaybreak plc will necessarily match or exceed the historic reported earnings
per share of Holidaybreak plc and no forecast is intended or implied.


Enquiries:

Holidaybreak                                           [phone]
Carl Michel / Bob Baddeley

Brunswick                                              [phone]
James Hogan / Craig Breheny / Ash Spiegelberg


Note to Editors

Holidaybreak (HBR.L) is listed on the London Stock Exchange. The European
specialist holiday group sold 3m holidays in the year ended 30 September 2005
(2004: 2.3m). Holidaybreak has three operating divisions: Hotel Breaks,
Adventure Travel and Camping. Each is a market leader in its respective
specialist sector of the European holiday industry, has multi-channel
distribution and is recognised for providing high standards of product and
service quality. For more information, please go to www.holidaybreak.co.uk.




                      This information is provided by RNS
            The company news service from the London Stock Exchange