EANS-Adhoc: Air Berlin generates revenue of EUR 184.4 million from divestment of majority interest in frequent flyer programme "topbonus"

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Strategic management decisions/topbonus
18.12.2012

Ad hoc notification pursuant to § 15 of the German Securities Trading
Act (WpHG)

London, 18 December 2012 - Air Berlin PLC will generate a revenue of
EUR 184.4 million from the carve-out of its frequent flyer programme
"topbonus" and the acquisition of a majority stake herein by Etihad
Airport Services L.L.C. The company expects that this revenue will be
fully reflected in the profit and loss account and the balance sheet
in the financial year 2012. The enterprise will receive the amount of
EUR 184.4 million in the year 2012 with full impact on liquidity. The
transaction, on which Air Berlin PLC & Co. Luftverkehrs KG and Etihad
Airport Services L.L.C. have agreed today, envisages the carve-out of
the business unit to a separate legal entity under English law named
Topbonus Ltd. with its head office in Berlin, which shall continue to
operate and further develop the frequent flyer programme on the basis
of a commercial agreement with Air Berlin. Air Berlin will hold 30%
of the shares in this entity, and Etihad 70%. Air Berlin has the
right to acquire 10% of the shares from Etihad. The German Federal
Cartel Office (Bundeskartellamt) has already cleared the transaction,
which is to be closed in the year 2012.

Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER
Hertfordshire Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on
the Frankfurt Stock Exchange (Regulated Market, Prime Standard) ISIN
DE000A0NQ9H6 (Convertible Bonds 2007) Euro MTF Market on the
Luxembourg Stock Exchange ISIN DE000AB100A6 (Bond 2010), ISIN
DE000AB100B4 (Bond April 2011) and ISIN DE000AB100C2 (Bond November
2011) each of the three bonds segment Bondm of the open market on the
Stuttgart Stock Exchange and Main Securities Market on the Irish
Stock Exchange

Further inquiry note:
Ingolf Hegner
SVP Investor Relations
+49 (0)30 3434 1590
ingolf.hegner@airberlin.com

end of announcement euro adhoc
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issuer: Air Berlin PLC
The Hour House, High Street 32
UK-WD3 1ER Rickmansworth, Herts
phone: +49 (0)30 3434 1500
FAX: +49 (0)30/3434-1509
mail: abpresse@airberlin.com
WWW: http://www.airberlin.com
sector: Air Transport
ISIN: GB00B128C026
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, free trade/Bondm:
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English