EANS-Adhoc: Jungfraubahn Holding AG
10-seater aerial cableway with fork
05.07.2011 – 07:03
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 05.07.2011 The Jungfrau Railways Group has devised a concept for future access to Männlichen and Kleine Scheidegg. Working together with the Gondelbahn Grindelwald Männlichen AG (GGM), the company wants to build a Y-shaped aerial cableway equipped with 10-seater gondolas. The existing aerial cableway between Grindelwald Grund and Männlichen will be replaced. The Jungfrau Railways Group will announce further details of its plans at today´s media conference in Interlaken Thanks to a fork in the aerial cableway, the new system will be able to transport passengers to Männlichen as well as Kleine Scheidegg, with guests already deciding on their destination at the bottom station in Grindelwald Grund. It is also planned to build another stop for the Bernese Oberland Railway (BOB) in the Rothenegg area. This will provide passengers with a direct connection to the bottom station of the10-seater gondola cableway, with a conveyor system providing transport between the two. Travelling time by public transport between Interlaken and Kleine Scheidegg or Männlichen will be cut by 30 minutes. The Jungfrau Railways Group estimates that total construction costs for the new aerial cableway and station will reach around 80 million francs. The aim is to put the new facility into operation in the 2015/2016 winter season. In addition, an investor is planning to create a resort near the bottom station of the new cableway. The intention is to create 500 commercially managed beds. Further inquiry note: Urs Kessler, Director Jungfraubahn Holding AG +4179 407 90 52 end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Jungfraubahn Holding AG Harderstrasse 14 CH-3800 Interlaken phone: +41 (0)33 828 71 11 FAX: +41 (0)33 828 72 64 mail: jb@jungfraubahn.ch WWW: www.jungfraubahn.ch sector: Railway ISIN: CH0017875789 indexes: SPI stockmarkets: Domestic Standard: SIX Swiss Exchange language: English