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07.10.2005 – 21:44

TUI AG

euro adhoc: TUI AG
Mergers - Acquisitions - Takeovers
TUI extends CP Ships offer - Regulatory approvals obtained in Canada and the U.S.

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
07.10.2005
Hanover, October 7, 2005 - The board of TUI AG has decided today that
TUI has extended its Offer dated August 30, 2005 for 100 per cent of
the CP Ships common shares. The Offer is now open for acceptance
until 6:00 p.m. (Eastern time) on October 18, 2005, unless further
extended or withdrawn.
TUI has extended its Offer in order to allow time for, among other
things, the satisfaction of the condition under its Offer relating to
the receipt of necessary regulatory approvals.  As of October 7,
2005, the original expiry date under the Offer, regulatory approvals
have been obtained or waiting periods expired under the Investment
Canada Act and competition legislation in Canada and the U.S.
Regulatory review periods have not expired yet under competition
legislation in the EU and certain other countries in which the
companies carry on business.
Except for this extension, the terms and conditions previously set
forth in the Offer continue to be applicable in all respects. TUI has
mailed a Notice of Extension to all holders of CP Ships shares or of
options or rights to acquire CP Ships shares.
TUI anticipates completion of the Offer in October, 2005.
CP Ships shareholders are advised to read the Notice of Extension,
the Offer and Circular, the Directors’ Circular and related documents
which have been filed with the Canadian securities commissions and
the United States Securities and Exchange Commission as they contain
important information.  Shareholders may obtain a copy of the
material (when available) at the Canadian SEDAR web site at
www.sedar.com and at the SEC’s web site at www.sec.gov.
TUI AG
The Executive Board
Address:
TUI AG
Karl-Wiechert-Allee 4
D-30625 Hannover
Germany
List of stock exchanges: Berlin/Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart
ISIN codes:
DE000TUAG000
DE0003659884
DE0002913894
XS0191794782
XS0191795672
XS0195307367
End of ad-hoc notification
Additional information  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 07.10.2005 21:04:20

Further inquiry note:

Bjoern Beroleit
Telefon: +49(0)511 566 1310
E-Mail: bjoern.beroleit@tui.com

Branche: Tourism & Leisure
ISIN: DE0006952005
WKN: 695200
Index: DAX, CDAX, HDAX, Prime All Share, Prime Standard
Börsen: Berliner Wertpapierbörse / official dealing
Hamburger Wertpapierbörse / official dealing
Frankfurter Wertpapierbörse / official dealing
Baden-Württembergische Wertpapierbörse / official dealing
Börse Düsseldorf / official dealing
Niedersächsische Börse zu Hannover / official dealing
Bayerische Börse / official dealing
Bremer Wertpapierbörse (BWB) / official dealing

Original content of: TUI AG, transmitted by news aktuell