EANS-Adhoc: Air Berlin PLC / Strategic cooperation agreements with TUI Travel signed

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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Strategic cooperation

27.03.2009

Ad-Hoc Release pursuant to Sec. 15 Securities Trading Act (WpHG)

London, 27 March 2009 - The Air Berlin PLC announces the conclusion
of the negotiations with the TUI Travel PLC and their affiliated
companies with respect to a strategic cooperation regarding the
German aviation business. After the agreement of both boards, Air
Berlin PLC and TUI Travel PLC, and the supervisory boards of the
affiliated companies, the transaction contains the following
substantial elements:

• A group member company of TUI Travel PLC participates in Air Berlin PLC
with a minority interest which will not exceed 20%. The participation is
acquired by way of a subscription to 16,326,721 new shares on the basis of a
fixed share quotation at a value of EUR3,97.
• Air Berlin PLC indirectly acquires a participation in the same
percentage in TUIfly (i.e. in Hapag Lloyd Fluggesellschaft mbH / Hapag Lloyd
Express GmbH).
• Furthermore, Air Berlin PLC takes over through Air Berlin PLC & Co.
Luftverkehrs KG the route portfolio of the city sector of TUIfly. Air Berlin PLC
& Co. Luftverkehrs GmbH will utilise aircraft capacities (17 aircraft) by means
of long-term service agreements with TUIfly.
• The route portfolio of the charter sector remains with TUIfly, which
will continue to operate 21 airplanes.

Agreements are subject to approval by the relevant cartel
authorities.

Air Berlin PLC
The Hour House
32 High Street
Rickmansworth WD3 1ER
Hertfordshire Great Britain
WKN AB1000 (Share)
Frankfurt Stock Exchange
(Official Market, Prime Standard)
WKN AONQ9H (Convertible Bond)
Euro MTF Market
on the Luxembourg Stock Exchange

end of announcement euro adhoc
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ots Originaltext: Air Berlin PLC & Co Luftverkehrs KG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Ingolf Hegner

Head of Investor Relations

+49 (0)30 3434 1532

ihegner@airberlin.com

Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: SDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade