Air Berlin PLC & Co Luftverkehrs KG

EANS-Adhoc: Air Berlin generates revenue of EUR 184.4 million from divestment of majority interest in frequent flyer programme "topbonus"

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Strategic management decisions/topbonus
18.12.2012


Ad hoc notification pursuant to § 15 of the German Securities Trading Act (WpHG)

London, 18 December 2012 - Air Berlin PLC will generate a revenue of EUR 184.4
million from the carve-out of its frequent flyer programme "topbonus" and the
acquisition of a majority stake herein by Etihad Airport Services L.L.C. The
company expects that this revenue will be fully reflected in the profit and loss
account and the balance sheet in the financial year 2012. The enterprise will
receive the amount of EUR 184.4 million in the year 2012 with full impact on
liquidity.
The transaction, on which Air Berlin PLC & Co. Luftverkehrs KG and Etihad
Airport Services L.L.C. have agreed today, envisages the carve-out of the
business unit to a separate legal entity under English law named Topbonus Ltd.
with its head office in Berlin, which shall continue to operate and further
develop the frequent flyer programme on the basis of a commercial agreement with
Air Berlin. Air Berlin will hold 30% of the shares in this entity, and Etihad
70%. Air Berlin has the right to acquire 10% of the shares from Etihad.
The German Federal Cartel Office (Bundeskartellamt) has already cleared the
transaction, which is to be closed in the year 2012.

Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire
Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on the Frankfurt Stock
Exchange (Regulated Market, Prime Standard) ISIN DE000A0NQ9H6 (Convertible Bonds
2007) Euro MTF Market on the Luxembourg Stock Exchange ISIN DE000AB100A6 (Bond
2010), ISIN DE000AB100B4 (Bond April 2011) and ISIN DE000AB100C2 (Bond November
2011) each of the three bonds segment Bondm of the open market on the Stuttgart
Stock Exchange and Main Securities Market on the Irish Stock Exchange


Further inquiry note:
Ingolf Hegner
SVP Investor Relations
+49 (0)30 3434 1590
ingolf.hegner@airberlin.com

end of announcement                               euro adhoc 
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issuer:      Air Berlin PLC
             The Hour House, High Street 32
             UK-WD3 1ER Rickmansworth, Herts
phone:       +49 (0)30 3434 1500
FAX:         +49 (0)30/3434-1509
mail:     abpresse@airberlin.com
WWW:      http://www.airberlin.com
sector:      Air Transport
ISIN:        GB00B128C026
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, free trade/Bondm:
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English
 



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