euro adhoc: TUI AG / Strategic management decisions / TUI Supervisory Board decides on corporate strategy

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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17.03.2008

Ad-hoc announcement according to section 15 of the German Securities
Trading Act (WphG)

TUI Supervisory Board decides on corporate strategy

Hanover, 18 March 2008. The Supervisory Board of TUI AG met for its
regular meeting, convened to approve the annual financial statements,
today. TUI AG's Executive Board and Supervisory Board have decided to
prepare a separation of container shipping from the Group. All
options including a spin-off, merger or divestment as a single entity
are going to be examined.

In this context, the interests of our shareholders, bondholders and
employees are to be taken into account in an appropriate manner. At
the same time, the Executive Board has been given the mandate to
identify further growth options for the expansion of the tourism
business.

TUI AG will present further information at its annual press briefing
/ analysts' meeting on the 2007 financial year held tomorrow, Tuesday
18 March 2008.

If we comment on forecasts or expectations in this announcement or if
our statements relate to the future, these statements may be
associated with known and unknown risks and uncertainties. Actual
outcomes and developments may, therefore, deviate significantly from
the expressed expectations and assumptions. In addition, the
performance of financial markets and exchange rates as well as
national and international law amendments, particularly with regard
to tax regulations, may have an influence. Except as provided by law,
the company assumes no obligation to update future statements.

end of announcement euro adhoc
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ots Originaltext: TUI AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Björn Beroleit, phone +49 (0)511 - 566 1310

Nicola Gehrt, phone +49 (0)511 - 566 1435

Branche: Transport
ISIN: DE000TUAG000
WKN: TUAG00
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / regulated dealing
Börse Hamburg / regulated dealing
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