Q-FREE SIGNED CONTRACT IN BANGKOK – 61 MNOK

Reference is made to the previous announcement 23rd of January 2009 related to the award of a Letter of intent from the Bangkok Expressway Company Limited (BECL). After successful contract negotiations between Q-Free and BECL, the contract was signed on the 10th of February 2009. The contract has a value of 61 MNOK and implies a modernisation of an existing road tolling system. The project will be delivered during the next 14 months.

Trondheim 10th of February 2009.

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