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EANS-Adhoc: Kapsch TrafficCom AG / The South African National Roads Agency Ltd. (SANRAL) awards contract for the Gauteng toll system (GORT) to a consortium led by Kapsch TrafficCom

Geschrieben am 19-09-2009


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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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19.09.2009

Vienna, September 19, 2009. Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed on the Vienna Stock Exchange in the prime market segment,
states 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 the Austrian Kapsch TrafficCom AG,
that the South African National Roads Agency Ltd (SANRAL) has
published the following announcement:

"MEDIA RELEASE
issued by
THE SOUTH AFRICAN NATIONAL ROADS AGENCY LTD
18 SEPTEMBER 2009
SANRAL AWARDS CONTRACT FOR GAUTENG TOLL SYSTEM

The contract for the implementation and operations of a multilane
free flow tolling system (also known as open road tolling - ORT) has
been awarded to the Electronic Toll Collection joint venture (ETC) by
the South African National Roads Agency Ltd (SANRAL). The value for
the implementation of the toll system is R1,16 billion. The system
will be installed over a period of 18 months and is scheduled to
`go-live´ in April 2011. The toll system is implemented as part of
the Gauteng Freeway Improvement Project (GFIP) which involves the
current first phase upgrading of 185km freeways in Gauteng, including
sections of the N1, N3, N12 and R21. Future phases for the upgrading
and expansion of the freeway network also forms part of this project.
The current upgrades include the widening of the freeway to up to
four lanes in each direction and six lanes in some cases which will
result in the traffic flow on the N1 between Pretoria and
Johannesburg to be considerably enhanced. Adding to the smooth flow
of traffic would be the new interchanges which were specifically
designed to reduce the present problems being experienced by traffic
backing up on off-ramps and then spilling on to the highway where
traffic backed up. The upgrading that is undertaken by SANRAL also
includes the "travel demand management" aspects. Tolling of highways
should also be seen in this context. By introducing high occupancy
lanes for cars carrying more than just a driver, the demand on the
freeway is reduced and traffic flow is significantly improved. Tolls
on the upgraded roads will be collected only by means of electronic
equipment at tolling points (Open Road Tolling), without having
physical toll plazas that requires road users to slow down or stop.
In essence, this means that there will be a free-flow of traffic. The
funding for this project is raised through the issuing of bonds in
terms of SANRAL´s Domestic Medium Term Note (DMTN) programme. The
programme allows the organisation to `tap´ the market at regular
intervals to meet its commitments. SANRAL prides itself on being a
conscientious organisation and has therefore subjected itself to a
due diligence exercise by an independent ratings agency - Moody´s.
SANRAL was assigned a global scale issuer ratings, with stable
outlook, of A3 (long term) and Prime-2 (short term) and a national
scale issuer rating of Aa2.za and a short term rating of P-1.za with
a stable outlook."

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 220 references in 36 countries in
all five continents, and with almost 15 million delivered on-board
units (OBUs) and more than 13,000 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. The securities have already been
sold.

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 Relevant Persons.


Ende der Mitteilung euro adhoc
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ots Originaltext: Kapsch TrafficCom AG
Im Internet recherchierbar: http://www.presseportal.de

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


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