TDC Increases Its Stake in HTCC to 62.9%

Share Name	Share Symbol	Market	Type
Tinka Resources Ltd	TG:TLD	Tradegate	Ordinary Share

Share Name

Share Symbol

Market

Type

Tinka Resources Ltd

TG:TLD

Tradegate

Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.002	2.48%	0.0825	0.076	0.0885				0.00	22:50:01

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.002

2.48%

0.0825

0.076

0.0885

0.00

22:50:01

TDC Increases Its Stake in HTCC to 62.9%

30/03/2005 11:01am

PR Newswire (US)

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TDC Increases Its Stake in HTCC to 62.9% COPENHAGEN, Denmark, March 30 /PRNewswire-FirstCall/ -- TDC has entered an agreement to increase its ownership in the Hungarian landline and data communications provider HTCC by acquiring shares etc. from Ashmore Investment Services. The transaction involves the acquisition by TDC of Ashmore's 2,750,936 ordinary shares, 12,000 preference shares and 2,500,000 warrants for a total amount of USD 80m (approximately DKK 456m). Furthermore, TDC acquires USD 25m of Notes in HTCC from Ashmore at par i.e. USD 25m (approximately DKK 143m) The transaction, which is not conditional on competition authority approval or similar, is expected to close on April 12, 2005, and will increase TDC's ownership of ordinary shares from 41.6% to 62.9%, and hence gives TDC control of the company. TDC's share in HTCC on a fully diluted basis will be 65.9%(1). The remaining part of HTCC's outstanding common stock is traded on the American Stock Exchange. TDC may exercise its warrants against payment of USD 25m to HTCC. The payment in connection with such an exercise may be made by delivery of the acquired Notes in HTCC. HTCC operates approximately 190,000 lines and serves approximately 670,000 customers. HTCC changed its market position significantly in February 2005 when HTCC acquired Pantel, another Hungarian alternative landline and data communications provider. Pantel's fiber optic data network is nationwide in Hungary and in addition has direct access to Rumania, Bulgaria, Croatia, Slovenia, Austria, Slovakia, Ukraine and Serbia. For more information on HTCC and Pantel please refer to http://www.htcc.hu/ and http://www.pantel.hu/. HTCC will be consolidated in TDC's accounts. The estimated impact in 2005 on net revenues will be approximately DKK 1.0bn and EBITDA will increase by approximately DKK 0.3bn. For further information please contact TDC Investor Relations at +45 3343 7680. (1) After exercise of all warrants and options and conversion of preference shares. TDC A/S Noerregade 21 0900 Copenhagen C DK-Denmark http://www.tdc.com/ DATASOURCE: TDC A/S CONTACT: TDC Investor Relations, +45-3343-7680 Web site: http://www.tdc.com/

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TLD Tinka Resources Ltd