TUI AG

Remuneration Information • Jan 5, 2017

TUIAG / Director/PDMR Shareholding*

05-Jan-2017 / 11:47 CET/CEST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

5 January 2017

TUIAG PDMR Interest in Shares

Execution of PhantomSharesAwards under a TUIAGLong TermIncentive Plan

TUIAG announces that Mr Wolfgang Flintermann, a member of the Supervisory Board, has exercised a phantom share award as set out in the table below on 03 January 2017 and Mr Sebastian Ebel, a member of the Executive Board, has exercised a phantom share award as set out in the table below on 04 January 2017, both granted under a Long Term Incentive Plan. The cash payments due will be calculated by reference to the average closing share price for TUIAG on the Frankfurt stock exchange over the 20 dealing days immediately following the date of exercise of the award.

Name of PDMR	Corporate Body Number of PhantomShares over which the award	is exercised
Wolfgang FlintermannSupervisory Board		9,338
Sebastian Ebel	Executive Board	31,125

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Language: English
Company: TUIAG
	Karl-Wiechert-Allee 4
	30625 Hannover
	Germany
Phone:	+49 (0)511 566-00
Fax:	+49 (0)511 566-1901
E-mail:	Investor.Relations@tui.com
Internet:	www.tuigroup.com
ISIN:	DE000TUAG000, DE000TUAG281, DE000TUAG299
WKN:	TUAG00 , TUA G28, TUA G29
Listed:	Regulated Market in Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt ; London
Category Code:	DSH
TIDM:	TUI
	LEICode: 529900SL2WSPV293B552
Sequence No.:	3734

End ofAnnouncementEQS News Service