OREANDA-NEWS. Per decision dated 24 June 2016, SIX Exchange Regulation granted Kuoni Travel Holding Ltd several exemptions limited in time with regard to certain obligations for maintaining its listing.

The content and the duration of these exemptions are reflected in the following extract of the decision of SIX Exchange Regulation (unofficial literal translation). These exemptions enter into force with the publication of the present ad-hoc communication:

I. Subject to para. V [note Kuoni Travel Holding Ltd: reservation of the publication of the present ad hoc-communication], Kuoni Travel Holding Ltd (issuer), Zurich, is exempted from the following obligations for maintaining listing until the expiration of the validity of the Best Price Rule pursuant to art. 10 para. 1 of the Ordinance of the Takeover Board on Public Takeover Offers dated 21 August 2008 (Takeover Ordinance, TOO) in the context of the public tender and exchange offer of Kiwi Holding IV S.? r.l., Luxemburg (Kiwi), for all publicly held registered shares of issuer with a nominal value of CHF 1.00 each (Kuoni B Shares), i.e. until and including 3 November 2016, 11.59 pm:

a. Publication and submission of the half-year report for the financial year 2016 (art. 50 sqq. of the Listing Rules [LR] in connection with art. 11 sqq. of the Directive on Financial Reporting [DFR] and the Directive on Regular Reporting Obligations for Issuers of Equity Securities (Shares), Bonds, Conversion Rights, Derivatives and Collective Investment Schemes [DRRO]);

b. Establishment and maintenance of the corporate calendar (art. 52 LR);

c. Publication of ad-hoc communications (art. 53 LR in connection with the Directive on Ad hoc Publicity [DAH]), exception made of an ad-hoc communication to inform on the delisting date of the registered shares of the issuer as soon as this date is known by the issuer;

d. Publication of management transactions (art. 56 LR);

e. Compliance with the following regular reporting obligations (art. 55 LR in connection with art. 9 of the Directive Regular Reporting Obligations [DRRO]: para. 1.08 (4) (change to the web-link to the corporate calendar), para. 2.01 (2) (submission of the half-year report for the financial year 2016), para. 5.02 .