Tunc Holding AG: Contract with Latelz Co Ltd. in Cambodia on 60 GSM sites

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Zürich (euro adhoc) - Delta Telecom Cambodia Ltd. (No: F17, Norodom
Street. Sangkat Tonle Basac Khan Cham Karmor, Phnom Penh, Cambodia),
a subsidiary of Tunc Telekomünikasyon A.S, has signed a contract with
Latelz Co. Ltd. (Monivong Street IOC center 6th floor Room 5, Phnom
Penh, Cambodia) on the 20th June 2008. The contract contains the
installation and integration of 60 turnkey GSM sites in the year
2008. In the corporate news dated on 04th March 2008 it has already
been reported about the tender for Cambodia which Tunc
Telekomünikasyon A.S now has won. Decisions corresponding to the
tenders for Burundi and Cambodia have not been made yet but Tunc
Telekomünikasyon A.S is confident to be able to sign these contracts
as well.

It is planned to integrate Delta Telecom Cambodia Ltd. into Tunc
Holding AG if the company is able to establish itself in the
Cambodian Market. The signed contract, however, is meant to continue
so it is expected that the volume will increase in the following
years. This indicates a first step for Delta Telecom Cambodia Ltd. to
become an important player in a prospering market. Time Turns Telecom
Company holds the GSM licenses for Laos, Cambodia and Burundi and has
established Latelz Co. Ltd. to operate in Cambodia.

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

Bülent Recepoglu

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