Kapsch TrafficCom AG

Earnings Release • Dec 20, 2019

Publication Date: 20.12.2019 17:32 EANS-Adhoc: Kapsch TrafficCom wins major project in the USA.

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Contracts 20.12.2019

Vienna - Kapsch TrafficCom is supplier to Plenary Infrastructure Belle Chasse LLC, a consortium just awarded by the Louisiana Department of Transport and Development with the Belle Chasse Bridge & Tunnel Replacement Public-Private Partnership Project. Kapsch TrafficCom will provide the consortium with tolling technology and operate and maintain the toll system. Implementation activities are scheduled to commence in 2023 followed by 30 years of technical and commercial operations. The project volume for Kapsch TrafficCom is estimated to be more than 100M USD over the 30 year term.

The overall project entails the building of a four-lane bridge to replace the current traffic infrastructure (a bridge and a tunnel). The newly constructed bridge includes a modern all-electronic tolling technology (which does not require toll booths), as part of the first Private, Public, Partnership (P3) project in the state. The awarded consortium will recoup its investment through tolls paid by motorists using the new bridge. The project is scheduled to start in January 2020 and has a total term of approximately 34 years, just over 4 years to build the bridge and 30 years of operations and maintenance.

Further inquiry note: Press contact: Carolin Treichl Executive Vice President Marketing & Communications Kapsch Aktiengesellschaft Am Europlatz 2, 1120 Vienna, Austria P +43 50811 1710 carolin.treichl@kapsch.net

Investor contact: Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 Vienna, Austria P +43 50 811 1122 ir.kapschtraffic@kapsch.net

end of announcement euro adhoc

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	A-1120 Wien	Kapsch TrafficCom AG Am Europlatz +43 1 50811 1122 +43 1 50811 99 1122

mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service