Tunc Holding AG: Contract between Bronz Telecom and Ericsson in Georgia with an estimated value of US $ 2.5 m

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Zürich (euro adhoc) - Bronz Telecom - the Georgian subsidiary of Tunc
Holding AG - has signed a contract with Ericsson LLc (74.
Chavchavadze avenue, floor 10, 0162. Tiflis, Georgia
www.ericsson.com/ru). This contract is carried out within the scope
of the first phase of GSM network development of Geocell in Georgia.

The contract with an estimated volume of US $ 2.5 m contains planning
and implementation of 100 turnkey radio installations as well as
associated revisions like network implementation, civil work for base
transceiver system sites, infrastructure services, telecom
implementation and commissioning services. Initially the duration of
the contract will be twelve months. It is expected that further
contracts will be signed on a yearly basis for the following project
phases as well as a contract for maintenance-failure services after
the project has been completed.

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 traded 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

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