Enhanced Deal With Worldspan

Online Travel Corporation PLC 5 October 2001 ONLINE TRAVEL CORPORATION ('OTC') ANNOUNCES ENHANCED DEAL WITH WORLDSPAN Online Travel Corporation plc (LSE: ONT.L) ('Company' or 'OTC'), the Internet based travel technology and distribution group, today announced an enhanced five year deal with leading e-commerce travel supplier, Worldspan. As part of the deal, OTC will receive an enhanced version of Worldspan's SMI technology. This technology is included in OTC's Build-Your-Own Holiday and Fare-Compare systems due to be launched this month. Mark Jones, CEO of OTC comments 'We are already seeing the benefits of a long-term relationship with the world's leading e-commerce travel supplier. Our new booking system allows multiple air-fares to be packaged online with hotels, villas, car hire and other travel products at discounted rates. We'll get the benefit of using Worldspan SMI technology to book the flight element and at increased booking fees. This is positive news, particularly in the current climate.' Tim Wright, Staff Vice President - E-Commerce for Worldspan, explained: ' Worldspan process more than 50 per cent of all online travel bookings and it's important for us to work with other market leaders in the field of e-travel. We expect the integration of our SMI technology into OTC's new holiday booking system to bring direct benefits to all parties.' OTC also announced an increase of gross sales for the month of September of 76% on the previous year. Jones adds 'Sales in the last few weeks are understandably down from our original expectations, but our rate of growth continues to be impressive. We are fortunate to have a large distribution network across three travel sectors and the large travel suppliers continue to use our extensive customer base to distribute their products electronically.' The Company also announced new travel services for The Mirror Group, Yell.com, Deckchair.com and Cheapflights.com to take the number of OTC client sites to over eighty. OTC sites generated over 1.8 million visitors and 1.1m unique monthly users in August. - ENDS - For further information contact: Online Travel Corporation Plc Mark Jones, CEO Tel: 00 44 (0) 208 255 2247 Robert Falkner, Finance Director Noble & Co Henry Chaplin Tel: 00 44 (0) 207 367 5600 About Online Travel Corporation, plc OTC is an Internet based 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 some 80 travel sites with Strategic Partners 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.onlinetravelcorporation.com About Worldspan Worldspan provides global electronic distribution of travel information, Internet products and connectivity, and electronic commerce capabilities for travel agencies, travel service providers and corporations worldwide. The company's three lines of business are travel supplier services, e-commerce, and global distribution systems for the worldwide travel industry. The Worldspan reservations system provides nearly 21,000 travel agencies and other users worldwide with travel data and booking capabilities for hundreds of the world's leading travel supplier services. Worldspan is the market leader in e-commerce for the travel industry, processing more than 50 percent of all online travel bookings. The company maintains world headquarters in Atlanta, Georgia. Worldspan is owned by affiliates of Delta Air Lines, Inc. (NYSE: DAL), Northwest Airlines (NASDAQ: NWAC) and TWA Airlines LLC, a wholly-owned subsidiary of American Airlines, Inc. Additional information is available at www.worldspan.com.
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