Guys
anyone holding i hoovered up a few of these at 10p got to be one of the best for a quick turn around most of the bad news out of the way bullish outlook management shuffle 15p would be poss short term

i think way order book looks poss 20/25 p maybe will wait a while 4 this to settle

was out friday @ 14p worried about wend press will look for weakness and get back in ??

Acquired some today.

RNS Number:5266T
MyTravel Group plc
22 December 2003

19 December 2003

MyTravel Group plc

MyTravel Completes Sale of Auto Europe



MyTravel Group plc announces the completion of the sale of Auto Europe, which
was approved by shareholders on 17 November 2003, for US$85 million (#50.9
million) in cash to Soros Private Equity Investors LP.



The sale was completed in accordance with the terms previously announced,
subject to certain amendments agreed between MyTravel and Soros. These
amendments, which principally relate to MyTravel's agreement to reimburse
certain increased costs incurred by the purchaser in connection with completion,
reduced the cash consideration received by MyTravel at completion by US$0.5
million (#0.3 million) and the aggregate net proceeds from the transaction by
US$2.5 million (#1.5 million).



Exchange Rate US$1.67 = #1



ENDS



Enquiries:


Brunswick
Roderick Cameron 07974 982400






This information is provided by RNS
The company news service from the London Stock Exchange
END

LONDON (AFX) - MyTravel Group PLC said it has completed the sale of Auto
Europe, which was approved by shareholders on Nov 17, for 85 mln usd in cash to
George Soros' private equity group, Soros Private Equity Investors LP.
MyTravel said certain terms of the sale were amended, principally relating
to MyTravel's agreement to reimburse certain increased costs incurred by Soros
in connection with completion. These amendments reduced the cash consideration
received by MyTravel at completion by 0.5 mln usd and the aggregate net proceeds
from the transaction by 2.5 mln usd.

newsdesk@afxnews.com

Today's Leaders and Laggards:

MyTravel rose 11.3% to 11.13p after saying today it has completed the sale of Auto Europe for $85m in cash to George Soros' private equity group, Soros Private Equity Investors LP.

From Today's Leaders and Laggards:

MyTravel rose 6.8% to 11.75p. On 22 December it announced it had completed the sale of Auto Europe for $85m in cash to George Soros' private equity group, Soros Private Equity Investors LP.

IC Article

19 December 2003

A dog's life for 2004
This year was the year of the dog. Had you followed our advice in last Christmas's IC, and bought the 10 stocks in the FTSE All-Share index that had fallen the most in the previous three years, you would have doubled your money. Thus, Fibernet and Trafficmaster have all risen by over 200 per cent, offsetting the collapse of Affinity Internet.

This continues a long-standing tendency for dog shares to do well. Economists disagree on why this happens. Some say high returns are just a reward for taking on the risk that firms will go bust. Others believe investors overreact to long streams of bad news, causing shares to become undervalued.

But whatever the explanation, there's a good chance of the following shares doing well in 2004: Arc International, Colt Telecom, Dimension Data, MyTravel, London Bridge Software, Autonomy, Bookham Technology, Xenova, Spirent and Pace Micro Technology. CD

MyTravel mentioned!!!

Today's The Sun Newspaper:

Soros rescue bid
MYTRAVEL, the largest British-owned tour operator, took another step towards survival yesterday.


It has sold car hire company Auto Europe for 50.9million to a company owned by billionaire investor George Soros.

A spokesman said: MyTravel has got cash in to fund its needs during the lean winter period until sales pick up again next summer.

MyTravel announced full-year pre-tax losses of 910.9million this month, but insisted it would still be able to continue trading. The shares rallied 1p to 11.