Australia's Largest Travel Company Acquires Bannockburn Travel Management.

BANNOCKBURN, Ill. -- FCm Travel Solutions, an Australia-based global corporate travel and expense management group and the corporate travel flagship of industry leader Flight Centre Limited, announced the acquisition of Bannockburn Travel Management, Inc. (BTM), one of the nation's most respected travel management services for corporate clientele. The announcement was made jointly by Anthony Grigson, FCm Travel Solutions' executive general manager; and Joe Mazza, Sr., founder of BTM.

The acquisition of BTM will greatly expand FCm Travel Solutions' presence in North America as the group continues to escalate its United States network.

Founded in 1987, BTM has an extensive track record in serving the travel needs of both business and leisure clients. The company employs 80 people nationally, with two branch offices (Bannockburn, IL and Scottsdale, AZ) as well as 24 on-site corporate locations. Last year, the company generated $93 million in total revenues.

"Joe Mazza has established BTM as a highly respected travel management business, with excellent systems and a customer-centric business model," said Grigson. "BTM's base values are consistent with ours. BTM will strongly complement our existing United States operations, and will play a key role in helping us create an extensive network of FCm Travel Solutions offices across the major commercial hubs of The Americas."

"It's important that our customers know that they will not experience any differences in our service levels," Mazza said. "Local service for clients must always come first. But as we join this new venture, we will become active partners with FCm to cultivate new business opportunities."

"FCm Travel Solutions respects the local market knowledge and expertise our team brings to its business. That's why it's important we continue to build on the already successful relationships we have with clients locally," he said.

BTM represents Flight Centre Limited's 11th corporate travel acquisition, and its first in the United States. The company has previously acquired corporate businesses in Australia and New Zealand, the United Kingdom, Hong Kong, China (joint venture) and India.

About FCm Travel Solutions

Headquartered in Brisbane, Australia, FCm Travel Solutions is a growing corporate travel and expense management specialist delivering personalized solutions to some of the world's largest companies. It delivers measurable savings through its worldwide network of local expertise, state-of-the-art technologies, a flexible approach to service, and the continuous development of its 3,000 people. In 2005, the company achieved over $2.5 billion in revenues and expanded its global network by 350%.

About Bannockburn Travel Management (www.bannockburn.com)

Based in Bannockburn, IL, Bannockburn Travel Management is a full-service travel management company. The company was in 1987 based on the philosophy of meeting the specific needs of the business traveler while providing cost effective travel management at a competitive price to our clients. During this time, BTM has built a reputation for being a customer service leader in the travel industry. BTM uses a combination of service and technology to provide top quality personalized attention that is missing in most businesses today.