TQ3 TRAVEL SOLUTIONS TO LAUNCH WHOLLY OWNED FRANCE OPERATION THIS SUMMER

07 April 2004, London – TQ3 Travel Solutions, one of the leading global travel management companies, is pleased to announce that June 2004 will see the launch of its new wholly owned operation in France, one of Europe’s most important strategic markets. This latest expansion will help to maximise TQ3 Travel Solutions’ capabilities in the European market and will streamline existing relationships with national and multinational clients. Arnaud Ameline, who was appointed TQ3’s Managing Director of French operations earlier this year, is leading the exciting vision of initiating a world-class operation in France. Based in the heart of the Parisian financial district, La Defense, the new French headquarters and multinational service centre – initially employing around 50 staff, and set to double by the end of the year – will coordinate and provide quality service to our increasing number of French and multinational clients. “Our ambition is to create a quality multinational service centre, enhanced through innovative technology which will set us apart from our competitors and deliver the highest quality service that TQ3 clients throughout the world have come to rely on,” says Ameline. TQ3 wholly owns and operates 85% of its locations across Europe. The new planned organisation of TQ3’s French operations will therefore be consistent with, and capitalise on, its strategy of ownership in all key countries and proceed with the aggressive expansion plans that TQ3 has pursued since its inception. Since its global launch in February 2001, TQ3 has increased its operating network to over 80 countries, established itself as the number one Travel Management TQ3 Travel Solutions Page 2 Company in Europe, third worldwide, and won over €1 billion in multinational accounts – €400 million in the last 12 months alone. -END- Notes to Editors About TQ3 Travel Solutions TQ3 Travel Solutions is the leading provider of quality, innovative travel expense management solutions to companies worldwide. With system-wide revenues in excess of $11 billion, TQ3 operates 1,200 locations in over 80 countries. For more information about TQ3, please visit our website www.tq3.com. For further information, please contact: Melanie Garrett, Director of Marketing EMEA Tel: +44 (0) 207 153 3310 Mob: +44 (0) 7736 105257 [email protected] Rik Kumar, Communications Manager EMEA Tel +44 (0) 207 153 3315 Fax +44 (0) 207 153 3334 [email protected]