TUI Travel PLC : Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

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FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")

(a) Name of exempt principal trader:	Bank of America Merrill Lynch
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	TUI Travel PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	TUI Travel PLC
(d) Date dealing undertaken:	17/01/2013
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Yes

2.	DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
Common - ISIN GB00B1Z7RQ77	Purchase	376,160	2.93 GBP	2.902 GBP
Common - ISIN GB00B1Z7RQ77	Sale	409,374	2.945 GBP	2.898 GBP

(b)	Derivatives transactions (other than options)

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
Common - ISIN GB00B1Z7RQ77	Swaps	Long	14,580	2.939 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	5	2.94 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	10	2.94 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	1,023	2.934 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	1,500	2.934 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	2,153	2.934 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	11	2.937 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	2,718	2.913 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	206	2.915 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	5,995	2.915 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	6,764	2.915 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	10,297	2.915 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	1,435	2.92 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	7,176	2.921 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	3,679	2.916 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	3,835	2.916 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	351	2.914 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	6,949	2.914 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	7,982	2.914 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	4,118	2.924 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	10,683	2.927 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	11,357	2.927 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	19,943	2.927 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Long	32,901	2.927 GBP
Common - ISIN GB00B1Z7RQ77	Swaps	Short	6,252	2.933 GBP

(c)	Options transactions in respect of existing securities

(i)	Writing, selling, purchasing or varying

Class of relevant security	Product descriptione.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Class of relevant security	Product description e.g. call option	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A

(d)	Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

(a)	Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state "none"

None

(b)	Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) The voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	18/01/2013
Contact name:	Lucy Hayes
Telephone number:	0207 995 9850

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service and must also be emailed to the Takeover Panel [e-mail].
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")

1.	KEY INFORMATION
(a) Name of exempt principal trader:			Bank of America Merrill Lynch
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree			TUI AG
(c) Name of the party to the offer with which exempt principal trader is connected:			TUI Travel PLC
(d) Date dealing undertaken:			17/01/2013
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?			Yes

2.	DEALINGS BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
Common - ISIN DE000TUAG000	Purchase	135,718	8.01 EUR	7.8 EUR
Common - ISIN DE000TUAG000	Sale	26,547	8.008 EUR	7.87 EUR

(b)	Derivatives transactions (other than options)
Class of relevant security			Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
Common - ISIN DE000TUAG000			Swaps	Short	1,500	7.95 EUR
Common - ISIN DE000TUAG000			Swaps	Short	1,900	7.95 EUR
Common - ISIN DE000TUAG000			Swaps	Long	1,500	7.928 EUR
Common - ISIN DE000TUAG000			Swaps	Long	1,500	7.928 EUR
Common - ISIN DE000TUAG000			Swaps	Short	400	7.875 EUR
Common - ISIN DE000TUAG000			Swaps	Short	964	7.875 EUR
Common - ISIN DE000TUAG000			Swaps	Short	1,457	7.875 EUR
Common - ISIN DE000TUAG000			Swaps	Short	300	7.876 EUR
Common - ISIN DE000TUAG000			Swaps	Long	383	7.87 EUR
Common - ISIN DE000TUAG000			Swaps	Long	749	7.87 EUR
Common - ISIN DE000TUAG000			Swaps	Long	868	7.87 EUR
Common - ISIN DE000TUAG000			Swaps	Short	2,300	7.955 EUR
Common - ISIN DE000TUAG000			Swaps	Long	23	8.005 EUR
Common - ISIN DE000TUAG000			Swaps	Long	28	8.006 EUR
Common - ISIN DE000TUAG000			Swaps	Long	27	8.006 EUR
Common - ISIN DE000TUAG000			Swaps	Long	21	8.006 EUR
Common - ISIN DE000TUAG000			Swaps	Short	4	7.974 EUR
Common - ISIN DE000TUAG000			Swaps	Short	7	7.974 EUR
Common - ISIN DE000TUAG000			Swaps	Short	11	7.974 EUR
Common - ISIN DE000TUAG000			Swaps	Short	14	7.974 EUR
Common - ISIN DE000TUAG000			Swaps	Short	13	7.975 EUR
Common - ISIN DE000TUAG000			Swaps	Short	3,848	7.906 EUR
Common - ISIN DE000TUAG000			Swaps	Long	21,448	7.931 EUR

(c)	Options transactions in respect of existing securities
(i)	Writing, selling, purchasing or varying

Class of relevant security

Product descriptione.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit (EUR)

(ii)	Exercising
Class of relevant security			Product description e.g. call option	Number of securities	Exercise Price per unit
N/A			N/A	N/A	N/A

(d)	Other dealings (including subscribing for new securities)
Class of relevant security			Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A			N/A	N/A	N/A

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

(a)	Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state "none"

None

(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) The voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"
None

Date of disclosure:	18/01/2013
Contact name:	Lucy Hayes
Telephone number:	0207 995 9850

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service and must also be emailed to the Takeover Panel [e-mail].
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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