lastminute.com group announces the end of its share buyback program and the launch of new one subject to AGM approval

Amsterdam / Chiasso, 24 April 2017 - lastminute.com group, a European leader in the online travel and leisure industry, today announced that it ended its share buyback started in September 2014 and extended in April 2016 (the "share buyback").

Under the share buyback, 1,320,481 bearer shares of lastminute.com N.V. (equal to 9.03% of the share capital) for a total of CHF 19,162,796 (EUR 17,945,380) have been repurchased. The average purchase price per share was CHF 14.5120.

The bearer shares repurchased are to be used for lastminute.com group's employee stock option 2011-2013 plans, the current employee stock based long term incentive plan and/or to finance acquisitions.

Subject to approval by the Annual General Meeting on 28 April 2017 of a new share buyback program of a maximum of 10% of the current share capital, lastminute.com will start the new share buyback on 3 May 2017. The share buyback will end on 26 April 2019 at the latest and the maximum buyback volume amounts to EUR 18 million. The bearer shares repurchased are to be used for lastminute.com group's employee stock based plans and/or to finance acquisitions.

The share buyback will be executed through lastminute.com N.V., Amsterdam or Sealine Investments L.P., Edinburgh, Scotland.

Aboutlastminute.com group

lastminute.com is among the worldwide leaders in the online travel industry and operates a portfolio of well-known brands such as lastminute.com, Bravofly, Rumbo, Volagratis and Jetcost. Every month, the Group reaches across its websites and mobile apps (in 17 languages and 40 countries) 43 million users that search for and book their travel and leisure experiences. The mission of the Group is to be an inspiring travel company, committed to enrich the lives of travellers offering support and services whenever need it. lastminute.com N.V. is a publicly traded company listed under the ticker symbol LMN on SIX Swiss Exchange.

This press release may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. lastminute.com group undertakes no obligation to publicly update or revise any forward-looking statements.


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