EANS-Adhoc: Kapsch TrafficCom AG publishes invitation to tender notes due 2017 for repurchase for cash

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Capital measures
28.04.2015

**NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA,
BELGIUM, CANADA, FRANCE, JAPAN, ITALY OR THE UNITED KINGDOM**

- Repurchase price 105.75% - Offer period starts on April 29, 2015
and is expected to end on May 19, 2015

Kapsch TrafficCom AG (the "Company") (ISIN AT000KAPSCH9), listed on
the Vienna Stock Exchange in the prime market segment, publishes an
invitation to tender notes due 2017 (ISIN AT0000A0KQ52) for
repurchase for cash at a repurchase price of 105.75%). As of today,
the Company intends to accept offers for notes tendered up to a
maximum nominal amount of EUR 40 million. The acceptance of offers to
tender is at the discretion of the Company.

The offer document including the invitation to tender notes for
repurchase will be published on the website of Kapsch TrafficCom AG
(http://www.kapsch.net/ktc/investor_relations) tomorrow Wednesday
April 29, 2015. The offer period will start on April 29, 2015
(inclusive) and is expected to end on May 19, 2015, 15:00 hours
(Vienna time). A shortening, extension or termination of the offer is
reserved.

By means of the invitation to tender notes for repurchase, the
Company intends to optimize its capital structure and to reduce its
ongoing interest expense. The Company intends to cancel notes
repurchased.

In the context of the invitation to tender notes for repurchase,
Erste Group Bank AG will act as tender agent and dealer manager.

Inquiry reference:
Investor Contact
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1120
E-mail: ir.kapschtraffic@kapsch.net

Issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1121 Vienna, Austria
Phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 E-mail:
ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com Sector:
Technology ISIN: AT000KAPSCH9 (shares), AT0000A0KQ52 (notes) Indexes:
Prime Market (shares) Stock markets: official market, Vienna
(shares); second regulated market, Vienna (notes) Language: English

Disclaimer This publication is no offer for and does not constitute a
solicitation or invitation to buy back notes issued by Kapsch
TrafficCom AG in or from any jurisdiction where it is prohibited to
make such offer, invitation or solicitation or where it is prohibited
to make an offer by or to certain individuals. In particular, the
solicitation and invitation referred to in this publication is not
being and will not be made, directly or indirectly, in the United
States of America, its territories or possessions or any area subject
to its jurisdiction, nor may it be accepted in or from the United
States of America. Further, the solicitation and invitation referred
to in this publication is not being and will not be made, directly or
indirectly, to persons located or resident in the Republic of Italy
or to the public in Australia, Belgium, Canada, France, Italy, Japan
or the United Kingdom nor may it be accepted in or from Australia,
Belgium, Canada, France, Italy, Japan or the United Kingdom.

Further inquiry note:
Investor Contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna, Austria
Phone.: +43 50 811 1120
E-mail: ir.kapschtraffic@kapsch.net

end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English