EANS-Voting Rights: TUI AG / Release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution

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Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Announcement according to Article 27a, Section 1 of the WpHG (qualifying
holdings)

Person/company obliged to make the notification:
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Name: see below
Place: see below
State: see below

Mr. Alexey Mordashov, Russia, Sungrebe Investments Limited, Tortola, British
Virgin Islands, Artcone Limited, Limassol, Cyprus, and S-Group Travel Holding
GmbH, Frankfurt, Germany, informed us on 23 May 2012 pursuant to section 21,
paragraph 1 WpHG that they exceeded the thresholds of 3%, 5%, 10%, 15%, 20% and
25% of the voting rights in TUI AG, Hanover, Germany, on 5 March 2012 each and
at that point in time held 25.29% (63,685,510 voting shares).

Mr. Alexey Mordashov, Russia, Sungrebe Investments Limited, Tortola, British
Virgin Islands, Artcone Limited, Limassol, Cyprus, and S-Group Travel Holding
GmbH, Frankfurt, Germany, informed us on 23 May 2012 pursuant to section 27a of
the German Securities Trading Act (WpHG) about the following:

On 5 March 2012 S-Group Travel Holding GmbH, Frankfurt, Germany, has regained
its former position in TUI AG shares (which stake had temporarily been
transferred to a third party). The voting rights are also attributed to the
other Notifying Parties.

1. Aims underlying the purchase of the voting rights (section 27a, paragraph 1,
sentence 3 of the WpHG)

a)The investment is aimed at implementing strategic objectives.

b)The Notifying Parties intend to acquire further voting rights in TUI AG within
the next twelve months by means of a purchase or by any other means.

c)The Notifying Parties do not intend to exert an influence on the appointment
or removal of members of TUI's Management Board or Supervisory Board other than
by exercise of the voting rights held by S-Group Travel Holding GmbH in
elections to the Supervisory Board in any shareholders' meeting.

d)The Notifying Parties do not intend to achieve a material change in TUI's
capital structure, including as regards the ratio between own funds and external
funds and the dividend policy.

2. Origin of the funds used to acquire the voting rights (section 27a, paragraph
1, sentence 4 of the WpHG)

No funds were required to regain the shares underlying the voting rights.

Berlin/Hanover, May 2012
TUI AG
The Executive Board

Further inquiry note:
Investor Relations Kontakt:
Björn Beroleit, Telefon: +49 (0) 511 566 1310
Nicola Gehrt, Telefon: +49 (0) 511 566 1435

Media Kontakt:
Uwe Kattwinkel, Telefon: +49 (0) 511 566 1417
Robin Zimmermann, Telefon: +49 (0) 511 566 1488

end of announcement euro adhoc
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issuer: TUI AG
Karl-Wiechert-Allee 4
D-30625 Hannover
phone: +49(0)511 566 - 1425
FAX: +49(0)511 566 - 1096
mail: investor.relations@tui.com
WWW: http://www.tui-group.com
sector: Transport
ISIN: DE000TUAG000
indexes: MDAX, CDAX, HDAX, Prime All Share
stockmarkets: regulated dealing: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English