Plus Telekom Ukraine, the Ukranian subsidiary of Tunc Holding AG, has emitted an offer in the scope of a bid for site swap and new sites implementations in Ukraine.

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Zürich (euro adhoc) - The project owner is LLC Astelit Life (03110,
Solemenskaya Bulvari, No:11 Kiev, Ukraine +380 44 233 90 00,
www.life.com.ua) and the project comprises, total of 1500 site swap
and 1500 turnkey sites. The project is expected to take start late
2008 and finish 2011. Total value of the project is around $150 mil.
The result of the bidding is expected to be announced in September
2008. Plus Telekom Ukraine has high hopes to be part of the project.

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: Telekommunikation

ISIN: CH0036270582

WKN: A0M92R

Börsen: Börse Frankfurt / Freiverkehr

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