Notification of voting rights transmitted by euro adhoc. The issuer is
  responsible for the content of this announcement.

Person/company obliged to make the notification:
Name:    Templeton Fund Inc.
Place:   Nassau
State:   Bahamas

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

02.08.2007

The Templeton Fund Inc., Nassau, Bahamas, has informed us on 1 August
2007 pursuant to section 21 para. 1 WpHG that they reduced the voting
rights in TUI AG, Hanover, Germany on 27 July 2007 below the 
threshold of 3% and at this point in time held 2.90% (7,289,274 
voting shares).

Berlin/Hanover, August 2007
TUI AG

The Executive Board

end of announcement                               euro adhoc 02.08.2007 13:36:05

Further inquiry note:

Branche: Transport
ISIN: DE000TUAG000
WKN: TUAG00
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / official dealing
Börse Hamburg / official dealing
Börse Stuttgart / official dealing
Börse Düsseldorf / official dealing
Börse Hannover / official dealing
Börse München / official dealing