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Tunc Holding AG: Contract with Motorola about operations at Turkish Vodafone networks

Zürich (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
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Tunc Telekomünikasyon A.S., the Turkish
subsidiary of Tunc Holding AG, announces the conclusion of an 
agreement with Motorola (Buyukdere cad. Harman sok. No. 4 Levent, 
34330 Istanbul) about upgrading and expansion of Vodafone´s GSM 
networks in Turkey. The Vodafone Turkey Project comprises the 
upgrading of the existing GSM network and the implementation of new 
GSM network systems. For the next five years the contract will be 
prolonged every year for a period of another twelve months. The aim 
of Tunc Telekomünikasyon A.S. is to obtain the assignment for 
implementing of more than 1000 of a total of 5500 sites Motorola has 
planned to implement. The expected value for the year 2008 is about 
US $ 11 M. As agreed upon, Tunc Telekomünikasyon A.S has started the 
site engineering and installation as well as supplying essential 
equipment already. After finishing this assignment there could 
possibly follow an agreement about service and maintenance work on 
the network.
Within the scope of the Vodafone Turkey Project, Tunc 
Telekomünikasyon A.S. has also tendered service and maintenance work 
of electricity transmission lines, infrastructure and air 
conditioning systems. An offer issued at the end of January 2008 
refers to Bursa, a Turkish region with 704 sites. Another offer dated
at 11.03.2008 refers to the region of Ankara with 918 sites. In case 
of a commissioning the contract volume would be a total of US $ 3 M. 
per year.
Tunc Holding AG was founded in November 2007 and provides engineering
and support services in the area of telecommunications systems 
through its seven subsidiaries. The Tunc Holding subsidiaries are 
active in twelve countries in Asia Minor, Western and Central Asia as
well as in Eastern Europe. Tunc Telekomünikasyon A.S. as operational 
nerve centre of the group is located in Ankara, Turkey. The Turkish 
subsidiary operates as highly qualified provider in the GSM sector 
since 1992. The services include a broad range from site survey and 
infrastructure to the implementation and maintenance of 
telecommunications systems. Since 1996 the activities have been 
continuously expanded to include the area of electricity distribution
systems with associated services, renewable energy and internet 
technology.
The shares of Tunc Holding AG are tradet in the Open Market of 
Deutsche Börse Frankfurt (ISIN: CH0036270582, WKN: A0M92R).
end of announcement                               euro adhoc

Further inquiry note:

Tunc Holding AG
T. Fikret Baran
Nordstrasse 89
8037 Zürich

Phone: +41 (0) 44 200 28 30
Fax: +41 (0) 44 200 28 31
Branche: Telekommunikation

Branche: Telekommunikation
ISIN: CH0036270582
WKN: A0M92R
Börsen: Börse Frankfurt / Freiverkehr

Branche: Telecommunications Equipment
ISIN: CH0036270582
WKN: A0M92R
Börsen: Börse Frankfurt / free trade

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