Kapsch TrafficCom AG

EANS-Adhoc: Kapsch TrafficCom AG
Specification of the contract for the Gauteng open road tolling (GORT) system in South Africa

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06.04.2010

Vienna, April 6, 2010. Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, specifies in the name of Electronic Toll Collection (ETC), a joint venture led by the South African subsidiary of the Swedish Kapsch TrafficCom AB, a subsidiary of Kapsch TrafficCom AG, the announcement, issued by the South African National Roads Agency Ltd (SANRAL) on 18 September 2009 (and the corresponding Ad-hoc release of Kapsch TrafficCom AG on 19 September 2009).

Based on the specification of the agreements that have taken place since and on the current level of awareness of the scope and the configuration of the system, the value for the operations of a multi-lane free-flow tolling system (also known as open road tolling - ORT) in the Gauteng province (GORT system) excluding VAT and provisional sums, which can only be determined on the full acknowledgement of the scope and the configuration of the system, is estimated at Rand 4.56 billion (approximately EUR 450 million) for the full contractual term.

The operations services shall commence on 8 April 2011 for a period of 8 years, except for the Transaction Clearing House (TCH) and the Violations Processing Centre (VPS) which will initially be for a term of 5 years.

Kapsch TrafficCom is an international supplier of innovative road traffic telematics solutions. Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular for the multi-lane free-flow (MLFF) of the traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With more than 230 references in 38 countries in all 5 continents, and with more than 16 million delivered on-board units (OBUs) and 12,000 equipped lanes, Kapsch TrafficCom has positioned itself among the leading suppliers of ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 23 countries.

Disclaimer

This ad-hoc release constitutes neither an offer to sell nor a solicitation to buy any securities.

This ad-hoc release and the information it contains are not for publication in the United States of America (U.S.A.) and may not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act ("Securities Act") of 1933, as amended) or to publications with a general circulation in the U.S.A. This stock exchange announcement does not constitute an offer for the sale of securities or solicitation of an offer to purchase securities in the U.S.A. The securities of Kapsch TrafficCom AG have not been registered under the provisions of the Securities Act and may not be offered, sold or delivered to U.S. persons without prior registration under or exemption from the registration requirements.

This ad-hoc release is exclusively addressed to persons (i) outside the United Kingdom, or (ii) who are investment professionals for the purposes of article 19(5) U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), as amended, or (iii) who are included under article 49(2)(a)-(d) of the Order ("high net worth companies, unincorporated associations, etc.). All such persons are hereinafter referred to as "Relevant Persons". No person who is not a Relevant Person may take action on the basis of this press release or the information contained herein or rely thereon. Investment or investment activities in connection with this press release are only available to Relevant Persons, and investment business will only be transacted with Relevan

end of announcement                               euro adhoc
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Further inquiry note:

Marcus Handl 
Investor Relations
Kapsch TrafficCom AG
Tel: +43 (0) 50 811 1120
Am Europlatz 2, A-1120 Vienna, Austria
E-mail: ir.kapschtraffic@kapsch.net
www.kapschtraffic.com

Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime Market
Börsen: Wien / official market
Original-Content von: Kapsch TrafficCom AG, übermittelt durch news aktuell

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