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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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Person/company obliged to make the notification:
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Name:    UBS AG
Place:   Zurich
State:   Switzerland

Company data:
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Name:    TUI AG
Address: Karl-Wiechert-Allee 4, 30625 Hannover
Place:   Hanover
State:   Germany

17.01.2008

UBS AG, Zurich, Switzerland, informed us on 15 January 2008 pursuant to paragraph 21, section 1 WpHG that they reduced their voting rights in TUI AG, Hanover, Germany, on 09 January 2008 below the threshold of 3% and at this point in time held 2.98% (7,486,343 voting shares). Of these voting rights, 0.09% (221,182 shares) are attributable to UBS AG pursuant to paragraph 22, section 1, sentence 1, no. 1 WpHG.

Berlin/Hanover, January 2008 TUI AG

The Executive Board

end of announcement                               euro adhoc
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Further inquiry note:

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
Börse Stuttgart / regulated dealing
Börse Düsseldorf / regulated dealing
Börse Hannover / regulated dealing
Börse München / regulated dealing

Original content of: TUI AG, transmitted by news aktuell