Issuer	TUI AG
Date of issuing	June 2018
Volume	€425m2
Maturity Date	July 2023 - July 2028
Interest % p.a.	2.53
Payment of interest	variable: semi-annually/ fix: annually
Denomination	at least €500m, then a multiple of €500m

^{2) €425m split into three tranches with maturity of 5 years, 7 years and 10 years (closed July 2018)
3) Average interest rate including hedge costs for variable tranches}