Tunc Holding AG: first telecommunications project in Albania

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Zürich (euro adhoc) - Tunc Telekomünikasyon, the Turkish subsidiary
of Tunc Holding AG, expands its business at GSM technology into
Albania. On 31 January and on 05 February 2008 two contracts with a
total volume of US $ 7.450.385,- have been signed with Huawei
Technologies Albania SH.P.K. The contracts contain site preperation
including power supply and the following turnkey implementation as
well as supply of required equippment for Albania Eagle Mobile GSM
Projects. Tunc Telekomünikasyon A.S. has in addition submitted a
bidding document to Huawei Technologies Albania SH.P.K for an
operation and maintenance works agreement. This contract would be
worth an additional US $ 1.475.000,-.

"According to the present situation, Tunc Telekomünikasyon A.S. will
be operating among Albania in countries like Dubai, Kuwait,
Uzbekstan, Nepal, Qatar, Cambodia, Laos, Burundi, during this year",
this is what Bülent Recepoglu, CEO of Tunc Holding AG said when asked
about expansion plans.

Tunc Holding AG has been founded in November 2007 and provides
through its eight (with Delta Telecom Albania) subsidiaries
engineering and support services in the area of telecommunications
systems. The Tunc Holding subsidiaries are active in eight 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 broad
range of services includes from site survey and infrastructure to the
erection 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
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ots Originaltext: TUNC Holding AG
Im Internet recherchierbar: http://www.presseportal.de

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

www.tunc-holding.ch

info@tunc-holding.ch

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