TUI AG

Major Shareholding Notification • Nov 27, 2017

TUIAG (TUI)

27-Nov-2017 / 17:13 CET/CEST

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Notification of Major Holdings

1. Details of issuer

TUIAG Karl-Wiechert-Allee 4 30625 Hannover Germany

2. Reason for notification

XAcquisition/disposal of shares with voting rights
Acquisition/disposal of instruments
Change of breakdown of voting rights
XOther reason:
Voluntary group disclosure with triggered threshold on subsidiary level

3. Details of person subject to the notification obligation

Name:	City and country of registered office:
Standard Life Aberdeen plc	Edinburgh, Scotland
	United Kingdom

4. Names of shareholder(s)

holding directly 3% or more voting rights, if different from 3.

5. Date on which threshold was crossed or reached:

16 Nov 2017

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	total of both in % (7.a. + 7.b.)	total number of voting rights of issuer
Resulting situation	5.32 %	0.00 %	5.32 %	587,386,900
Previous notification	6.85 %	0.00 %	6.85 %	/

7. Notified details of the resulting situation

a. Voting rights attached to shares (Sec.s 21, 22 WpHG)

ISIN	absolute		in %
	direct indirect		direct	indirect
	(Sec. 21 WpHG)	(Sec. 22 WpHG)	(Sec. 21 WpHG)	(Sec. 22 WpHG)
DE000TUAG000	31,246,313		%	5.32 %
Total		31,246,313	5.32 %

b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG

	Type of instrumentExpiration or maturity dateExercise or conversion periodVoting rights absoluteVoting rights in %
		%
	Total	%

b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG

Type of	Expiration or maturity	Exercise or conversion	Cash or physical	Voting rights	Voting rights in
instrument	date	period	settlement	absolute	%
					%
			Total		%

8. Information in relation to the person subject to the notification obligation

Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.).

Name	% of voting rights (if at least held 3% or more)	% of voting rights through instruments (if at least held 5% or more)	Total of both (if at least held 5% or more)
Standard Life Aberdeen plc	%	%	%
Standard Life Investments (Holdings) Limited	%	%	%
Standard Life Investments Limited	%	%	%
Standard Life Investments (Mutual Funds) Limited	%	%	%
Standard Life Aberdeen plc	%	%	%
Standard Life Investments (Holdings) Limited	%	%	%
Ignis Asset Management Limited	%	%	%
Ignis Investment Services Limited	%	%	%
Standard Life Aberdeen plc	%	%	%
AberdeenAsset Management PLC	%	%	%
AberdeenAsset Managers Limited	%	%	%
Standard Life Aberdeen plc	%	%	%
AberdeenAsset Management PLC	%	%	%
AberdeenAsset Investment Group Limited	%	%	%
AberdeenAsset Investments Limited	%	%	%

9. In case of proxy voting according to Sec. 22 para. 3 WpHG

Date of general meeting:
Holding position after general meeting:%	(equals voting rights)

10. Other explanatory remarks:

ISIN: DE000TUAG000, DE000TUAG281, DE000TUAG299 Category Code: HOL TIDM: TUI LEICode: 529900SL2WSPV293B552 OAM Categories:2.3. Major shareholding notifications Sequence No.: 4921

End ofAnnouncementEQS News Service