AGM Statement - Replacement

RNS Number:0574R
World Travel Holdings PLC
17 October 2003


World Travel Holdings plc (the "Company")

Outcome of Annual General Meeting - Replacement

The following replaces the AGM Statement announcement released on Thursday, 16
October 2003 at 12.42 p.m. under RNS Number 9818Q.  Please note that the date
for the readjournment of the Company's annual general meeting to consider
resolutions 3, 7, 8 and 9 should read Friday, 31 October 2003 and not Friday, 31
November 2003.

All other details remain unchanged.  Please find the full amended text below:




World Travel Holdings plc

Outcome of Annual General Meeting


Chairman's update


At today's adjourned AGM, John Biles, Chairman, made the following statement:

"Shareholders will recall that at the annual general meeting on 17 September,
resolutions 3, 7, 8 and 9 set out in the notice of that meeting were not
considered and the meeting was adjourned until today. These resolutions relate
to the adoption of a new employee share option scheme, a change of the Company's
name, an elimination of the amount standing to the credit of the share premium
account and the acquisition of Wanbase respectively.  As I said at that meeting,
although agreement has been reached with Culver for the acquisition of Wanbase,
it had not been possible to finalise the documentation for this transaction
prior to that meeting.

I also reported that the Board had been examining a number of other acquisition
opportunities but that negotiations have not yet reached any agreement. Whilst
these negotiations are continuing it is apparent that, even if they are
successful, it will be some time before any transaction can be brought to a
conclusion. Accordingly, it is clear that we cannot now meet the deadline of 31
October on which we have agreed to pay our creditors.  We are now negotiating
with those creditors and I am proposing that we adjourn this meeting and the
consideration of resolutions 3, 7, 8 and 9 until Friday, 31 October 2003 in the
hope that the various negotiations that are presently in progress with creditors
and others can be brought to a satisfactory conclusion.  If we cannot agree
terms with creditors then the Company will, regrettably, have to be wound up."

Outcome of meeting

The meeting was adjourned to 31 October 2003 when resolutions 3, 7, 8 and 9 set
out in the notice of the annual general meeting will be considered. These
resolutions relate to the adoption of a new employee share option scheme, a
change of the Company's name, an elimination of the amount standing to the
credit of the share premium account and the acquisition of Wanbase respectively.


Contact

John Biles, Chairman   020 7456 1352


17 October 2003


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