Thomas Cook Group - Aircraft Sale & Leaseback Completed

Thomas Cook Group plc announces that the sale and leaseback of 11 Boeing 757 aircraft and 8 Boeing 767 aircraft is now complete following delivery of the final group of aircraft.

The transaction generates proceeds of $294m and, as agreed under the terms of the facilities agreement, these will be retained by the Group to increase liquidity.

The transaction was originally announced on 11 May 2012 and received shareholder approval on 29 May 2012.