Outcome of board of Thomas Cook (India)

Held on 30 November 2017

The Board of Thomas Cook (India) at its meeting held on 30 November 2017 approved the following -

1.Approved redemption of 12,50,00,000 Non Convertible Cumulative Redeemable Preference Shares ('NCCRPS') of Rs. 10/- each at par aggregating to Rs. 1,25,00,00,000/- that were issued and allotted on a private placement basis and listed with the BSE Limited and the National Stock Exchange of India Limited bearing BSE Scrip Code- 715022 and NSE Scrip Code- Thomas Cook CRNCPS 8.50% 2022, along with such dividend as may be due. The NCCRPS shall be redeemed out of the profits of the Company.

2. Approved 13 December, 2017 as the Record Date for the purpose of redemption of NCCRPS along with the payment of such dividend as may be due.

3.Approved 28 December, 2017 or such other date as may be approved by the Stock Exchange(s), as the date for redemption of NCCRPS. The mode of payment for both, the dividend and the redemption proceeds, would be by electronic means.

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