EU clears MyTravel/Thomas Cook merger

The European Commission has announced its decision to clear the
proposed merger of MyTravel Group plc and Thomas Cook AG to form
Thomas Cook Group plc.MyTravel Chief Executive Peter McHugh said: “I am delighted we have
received this clearance. This is a significant milestone on the way to
completing the merger. The merger is clearly in the best interests of our
shareholders and the European Commission Phase I clearance will allow us
to accelerate the merger process.”

Manny Fontenla-Novoa, Group CEO of Thomas Cook AG said: “This is a very
important development for us in the process of merging these two businesses
and we are very pleased that the Commission has decided to clear the
transaction. We are now one step closer to being able to deliver the
substantial benefits of this merger to all our staff, customers, business
partners and shareholders.”