Tunc Holding AG: Tunc Telekomünikasyion bids for a project in the United Arab Emirates

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electronics/heavy construction/industry/technology/telecommunication

Zürich (euro adhoc) - Tunc Telekomünikasyion A.S., the Turkish
subsidiary of Tunc Holding AG, has emitted an offer in the scope of a
bid invitation for the DU 2G and 3G project on the 24th of June 2008.
The bid invitation was given from Huawei Tech. Investment Co. Ltd.
(18th floor, Millenium Tower, Emirates Colleague, Hamdan st. Abu
Dhabi) to Tunc Telekokmünikasyion.

The tender comprises different operations, in total 1216, which have
to be done during a period of ten month. Among these operations there
are swaps, installation and commissioning of GSM stations. Within a
period of twelve month another 666 radio networks should be planned
and optimized and 517 sites in the United Arab Emirates have to be
operated and maintained.

The negotiations between Tunc Telekomunikasyon A.S. and Huawei Tech
Investment Co. Ltd. are still continuing. The result of the bidding
is expected to be announced at the end of July 2008.

Tunc Holding AG has been founded in November 2007 and provides
through its seven subsidiaries engineering and support services in
the area of telecommunications systems. 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 Tunc Holding subsidiaries are active in
twelve countries in Asia Minor, Western and Central Asia as well as
in Eastern Europe. The broad range of services includes 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