TDC buys NetDesign

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 buys NetDesign

01/12/2004 12:00pm

PR Newswire (US)

Tinka Resources (TG:TLD)
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TDC buys NetDesign KOBENHAVN C, Denmark, Dec. 1 /PRNewswire-FirstCall/ -- TDC buys NetDesign A/S, a leading Danish provider of LAN infrastructure to companies, for a total price of DKK 350m. NetDesign will strengthen TDC's position in the rapidly growing market for IP communications solutions to businesses, both in Denmark and towards pan- nordic corporate customers. NetDesign's revenues amounted to DKK 287m in 2003, earnings before interest, taxes, depreciation and amortization (EBITDA) was DKK 24m and capital expenditures totaled DKK 12m. The company has 124 employees today. TDC expects the acquisition to have a positive impact on TDC's EBITDA, as well as EBITDA less capital expenditures, in 2005 and onwards. "NetDesign is a well-managed company with a solid and predictable growth potential. We will manage NetDesign with regard and respect for the business culture and successful business model. IP/LAN solutions are central to the communications solutions for businesses in the future and NetDesign gives TDC a unique position in this fast growing marked" says director Martin Lippert, TDC Business. NetDesign will continue with the current management and name as an independent subsidiary under TDC Solutions. TDC A/S, Noerregade 21 0900 Copenhagen C DK-Denmark http://www.tdc.com/ +45-33-43-7777 DATASOURCE: TDC A/S CONTACT: TDC A/S, +45-33-43-7777 Web site: http://www.tdc.com/

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TLD Tinka Resources Ltd