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Growth segment Cruises: TUI Cruises expands to six ships by 2017 Two more ships on order to answer strong demand

Hamburg, 4 August 2014. TUI AG and Royal Caribbean Cruises are substantiat- ing their expansions plans for their joint venture TUI Cruises. The Mein Schiff fleet shall grow from now three to six ships and then 14,000 beds by 2017. TUI Cruises is strengthening its already sound and dynamic position in the German cruise market.

Both the Boards of TUI AG and Royal Caribbean Cruises have decided to order the two newbuilds. The is currently being built and with the now TUI Cruises GmbH Unternehmenskommunikation decided new orders of and TUI AG and Royal Carib- Anckelmannsplatz 1 20537 bean Cruises are investing in touristic growth markets. The parent companies of

Tel: +49(0)40 286677-270 Hamburg-based TUI Cruises expect a sustained high demand in the cruise sec- Fax: +49(0)40 286677-103

[email protected] tor and therefore, in good time, came to the decision to expand further. www.tuicruises.com

Abdruck honorarfrei Friedrich Joussen, CEO of TUI AG: "In Germany and in Europe the interest in cruises is increasing. The Mein Schiff fleet of TUI Cruises has set a new premi- um standard in the market and it won new target groups for cruise holidays. The ships are excellently booked to capacity and the company is growing. TUI Cruises and its vessels are a pivotal pillar for our differentiation and growth strategy. Cruises meet the trend and are being discovered by new customer segments." At the presentation of the TUI AG half-year results Joussen had already called the prospects for the cruise segment as highly attractive and alluded to an expansion of the Mein Schiff fleet. This expansion is now being turned into action with the two vessels on order.

Only recently, in June 2014, the as the first newbuild of the fleet was commissioned by TUI Cruises. Already prior to the launching ceremony on 12 June, the vessel had been nearly fully booked.

The now decided two more ships are on order and expected for delivery as soon as 2016 and 2017. The new cruise liners will be sister ships of the previous Seite 1 von 2 newbuilds Mein Schiff 3 and Mein Schiff 4: 295 metres long spanning 15 decks Ansprechpartner with 1,250 cabins. The majority of the “well-being” ship’s cabins, 90 per cent, will be outside cabins with 82 per cent having balconies. The 97,000 Gross Reg-

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istered Tons (GRT) new build will carry approximately 2,500 guests based on double occupancy.

Both new ships will be built at STX shipyard in Turku, Finland, the majority of which will be in hands of MEYER WERFT GmbH. This acquisition is subject to approval by the cartel authority and financing. Richard J. Vogel, CEO TUI Cruis- es: ''We are pleased that a positive outcome of the negotiations between STX and MEYER WERFT has been achieved. This step ensures that TUI Cruises keeps the valuable know-how of the shipyard. It is the foundation to successful- ly enlarge the unique cruise products of the Mein Schiff fleet.” As Managing Director Richard J. Vogel was responsible for building up TUI Cruises from the TUI Cruises GmbH Unternehmenskommunikation very start. By 1 October he will be succeeded as CEO of the Hamburg-based Anckelmannsplatz 1 20537 Hamburg cruise company by Wybcke Meier.

Tel: +49(0)40 286677-270 Fax: +49(0)40 286677-103

[email protected] www.tuicruises.com TUI Cruises is a joint venture between TUI AG and the global cruise shipping line Royal Caribbean Cruises Ltd. The company founded in April 2008 and headquartered in Hamburg has been offering cruises for the German- Abdruck honorarfrei speaking market since May 2009. The Mein Schiff fleet of TUI Cruises consists of three ships providing 6,342 beds and has been designed from bow to stern with well-being and relaxation in mind. With its Premium All- Inclusive concept TUI Cruises is targeting first and foremost couples and families whose focus is on freedom, space, quality and personal service. Mein Schiff’s numerous service restaurants, the spa and sport zone, a personal Nespresso machine in every cabin, spacious balconies as well as relax islands on the deck ensure that a cruise holiday with TUI Cruises are perfect for body and soul. Mein Schiff was named on 12 June 2014, Mein Schiff 4 will be commissioned in spring 2015.

This press release as well as photographs are also available at www.tuicruises.com.

Godja Sönnichsen, phone 040 28 66 77-270

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