Thomas Cook Regulatory News (TCG)

13 December 2018

Thomas Cook Group plc

(the "Company")

Director Announcement under LR 9.6.11

Annet Aris has today informed the Company of her intention to step down from the Board with effect from 6 February 2019. Her departure follows the conditions set by the European Central Bank for her appointment to the Board of Rabobank which was confirmed after a vote of its General Members' Council yesterday.

All other Directors will stand for re-election at the Company's 2019 Annual General Meeting, the notice for which will be published next week.

In April 2019, Dawn Airey will have served on the Board of the Company for nine years. In accordance with corporate governance best practice, she will no longer be considered "independent" for the purposes of the UK Corporate Governance Code and therefore, Dawn will step down as Senior Independent Director and as a member of the Remuneration Committee with effect from 11 April 2019. Lesley Knox will take over as Senior Independent Director from this date.

Dawn Airey will replace Annet on the Health, Safety & Environmental Committee and Jürgen Schreiber will replace Annet on the Remuneration Committee, both with effect from 6 February 2019.

Frank Meysman said: "I thank Annet for her 4 years of service on the Board and wish her success in her new appointment. I am pleased that Dawn Airey has agreed to stay on the Board so that we can continue to benefit from her invaluable contribution and expertise. Lesley Knox is an extremely experienced Non-Executive Director and therefore is an ideal candidate to take over the important role of Senior Independent Director."

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