Kotak Mahindra Capital Company Ltd (”Manager to the Offer”) for and on behalf of Thomas Cook UK Ltd, United Kingdom (”Acquirer”) has issued this Public Announcement (”PA”) to the shareholders of Thomas Cook (India) Ltd (”Target Company”), pursuant to and in compliance with, among others, Regulation 10 & Regulation 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (the “Regulations”).

The Offer

The Acquirer hereby makes an Offer to acquire 32,795,996 Equity Shares of the Target Company of face value Re 1 each representing approximately 20.4% of the current voting capital (expected to be 20% of the diluted voting capital) of the Target Company for cash at a price of Rs 107/- (Rupees One Hundred & Seven Only) per fully paid up Equity Share.

Schedule of Activities:

Specified Date - March 10, 2008

Date of Opening of the Offer - April 22, 2008

Date of Closing of the Offer - May 12, 2008