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ots Ad hoc-Service: Travel24.com AG <DE0007487506> Sales up - Break-even earlier than planned

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Travel24.com AG (TVD, Neuer Markt securities number 748750), one
of the leading German Internet-based travel companies, increased its
booked sales by 69% in the first half of 2000. In comparison to the
equivalent period the year before, sales of bookings rose from DM
7.546 million to DM 12.788 million and net sales rose from DM 1.284
million to DM 1.452 million. Earnings before interest, taxes,
depreciation and amortisation (EBITDA) were minus DM 11.872 million
and the net loss was DM 8.725 million. The figures for the reporting
period show the company's strong organic growth and do not include
the acquisitions made after 30.6.00. Through targeted marketing
measures the number of page impressions has risen by over 643% to
more than 2.9 million per month since the beginning of the year.
Similarly, the dynamic sales growth, which is far above the market
average, increased by 56% from the first to the second quarter 2000,
proving that the product and service portfolio is being well received
by the customers. With its investments in the Internet-related travel
organisation and consolidator Aeroworld GmbH, the tourism application
service provider Buchungsmaschine AG and the North American travel
organisation Travelbyus.com plus over DM 100 million of cash assets
and an equity ratio of over 95% - the company has established a solid
base in order to press ahead with its global expansion involving
selected travel, media and technology partners in various countries.
Through its synergy effects, partnerships and its successful
marketing strategy Travel24.com AG will continue to grow and will
break even in 2002, one year earlier than planned. 
   Contact:
Travel24.com AG Investor Relations Silke Siegel and Klaus Artmann
Weinstraße 3 80333 München Phone: + 49 89 379 095 0 oder 0800T24AKTIE
Fax: + 49 89 379 095 55 E-Mail:  ir@travel24.com www. travel24.com
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