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26th June 2001

Webjet today announced that it has entered into a new and improved commercial agreement with Qantas for the financial year 2001/2002.

Commenting, Webjet's Managing Director, David Clarke, said "We are pleased that our new agreement reflects the progress made in the development of revenue for Qantas and note that the new agreement will assist business plans in the forthcoming year".

For competitive reasons the details of the agreement remain confidential.

Webjet's ASX code is WEB

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