Ad-hoc | 2 June 2005 14:12
Travel24.com AG: cooperation with Visa Europe Ltd.
Ad hoc announcement §15 WpHG
cooperation
Travel24.com AG: cooperation with Visa Europe Ltd.
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Munich, june 2nd, 2005 – The cooperation between Visa Europe Ltd. and
Travel24.com AG announced in an Ad Hoc on May 18th, 2005 did not start as
contractually agreed upon on June 1st, 2005.
A fax from TUI addressed to its sales partners on June 1st, 2005 reads as
follows on the subject:
“We (TUI), together with Commerzbank, have promptly conducted negotiations
with VISA International in order to effect an immediate termination of this
cooperation. Together with our TUI Card contractual partner Commerzbank, we
succeeded to stop the planned marketing campaign with Travel24.com ahead of
its implementation.”
Talks between Visa Europe Ltd. and Travel24.com AG are currently taking place
in order to clarify the circumstances. Further, legal proceedings are being
evaluated.
Travel24.com AG
Motorstrasse 56
80809 München
Deutschland
ISIN: DE0007487506
WKN: 748750
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, München und Stuttgart
End of ad hoc announcement (c)DGAP 02.06.2005
021412 Jun 05