HELLOWORLD TRAVEL LIMITED — M&A Activity 2007

Oct 17, 2007

Jetset Travelworld Limited ABN: 60 091 214 998 Level 28 Australia Square 264 George Street Sydney NSW 2000

Telephone Facsimile 02 8080 3150 02 8080 3199

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ANNOUNCEMENT

18 October 2007

Company Announcements Office Australian Securities Exchange Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000

JETSET TRAVELWORLD LIMITED STATEMENT

Jetset Travelworld Limited is involved in preliminary discussions with Qantas in relation to its holidays business.

These preliminary discussions with Qantas are in the very early stages and are not at a stage where a deal can be concluded.

CEO of Jetset Travelworld, Michael Reed, states that the Company is always exploring opportunities to strengthen the business, particularly given the travel industry is currently subject to considerable consolidation.

Jetset Travelworld Limited is fully aware of its continuous disclosure obligations.

Yours faithfully

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Stephen F Heesh Company Secretary

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