Online Stockmarket Trading Update

Webjet (WEB) announced a series of developments designed to propel a number of significant strategic initiatives. It has entered in to a 50% joint venture with World Aviation Services Limited Malta to facilitate the entry into certain emerging European markets in 2011. Webjet Singapore is scheduled to commence at the end of the month following the launch of Hong Kong as part of our partnership operations with Westminster Travel. Webjet in America expects its Canadian site to be operational this week following the introduction of our USA Spanish language site.  As part of its hotel platform for all regions Webjet has entered into a major hotel supply arrangement with Hotel Club(6) which will effectively provide a total of over 100,000 worldwide hotels. It are extending our resource contract with IGT(2) into Manila to provide for scaleable lower cost Transactions service and ticketing support.

Commenting Webjet’s Managing Director said: The combination of these significant partnerships will significantly propel our development over the next several years. As part of these plans we are also substantially strengthening our management resources to ensure that full focus is maintained on our core Australian business, simultaneously with the necessary resources to rapidly develop our international operations.  As at the half year filing in February it will provide some guidance metrics on the level of start up costs and capital commitments which are being conservatively and cautiously managed.

The World Aviation Group will be providing fulfillment services for Webjet Europe. Established in 1989 as an Australian-Maltese joint venture sales, marketing and airline representation company. operating from a large, modern facility located in the Malta International Airport employing over 160 specialists in various fields, it provides state of the art global contact centre services in seven languages; and Business Process Outsourcing handling revenue and accounting functions, business process outsourcing and other back office services to the aviation, travel, tourism and other industries. IGT – InterGlobe Technologies Manila, a global service provider of Business Process Outsourcing solutions to the travel and transportation industry will commence servicing aspects of Webjet’s service centre from its 500 seat service delivery centre with complete training facilities and state-of-the-art technology and is one of the fastest growing companies in APAC. Chloe Lim – Online veteran and best known in the travel industry for her achievements with Orbitz Hotel Club globally. Chloe was an integral part of growing the company into a multi million dollar business using innovative online marketing tactics and pioneered the launch of world first online hotel rewards program, expanded the company internationally by providing the services in 15 languages and 19 currencies and increased company traffic four times to 8 million visitors per month. John Guscic – Brings a wide breadth of international experience to the role and has been Chief Commercial Officer of GTA with global responsibility over the last three years, and from his involvement with Webjet as a Board member, has a comprehensive and full understanding of Webjet’s operation and strategy.  Hotel Club is part of the international Orbitz group, and is one of the world’s largest internet sellers of hotels.

www.webjet.com.au

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