Director Shareholding

Online Travel Corporation PLC 11 November 2002 Online Travel Corporation plc Grant of Options 11th November 2002 Online Travel Corporation plc ('the Company') announces that Mark Simpkins, the Company's Finance Director, has been granted options (the 'Options') to acquire 500,000 ordinary shares pursuant to the Company's EMI Scheme. Mr Simpkins was appointed on 29 October 2002 and the Options form part of his remuneration package agreed at that time. The Options are exercisable at a subscription price of 19.5p each. 50 per cent. of the Options vest on 29 October 2004 with the remainder vesting on 29 October 2005. The Options represent the totality of Mr Simpkins beneficial interest in ordinary shares and options over ordinary shares. The ordinary shares referred to in this announcement are the ordinary shares of 1p each in Online Travel Corporation plc. Enquiries: Online Travel Corporation plc Mark Jones 020 8607 9281 This information is provided by RNS The company news service from the London Stock Exchange
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