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New Contract

10th Nov 2006 12:30

Eurotunnel PLC/Eurotunnel S.A.10 November 2006 Eurotunnel and Nedexco sign contract for 300 000 Channel crossings between 2007 and 2011 Eurotunnel and the Dutch transport and logistic company, Nedexco, have today,Friday 10 November 2006, signed an important contract. They have committed to apartnership to transport 300 000 trucks across the Channel between 2007 and2011. This is the first agreement to link Eurotunnel and a road haulage customer forsuch a long period and for such a high volume of traffic. Established in 1994, Nedexco specialises in refrigerated transport and logisticsmanagement. Nedexco transports several thousand tonnes of fresh produce (fruit,vegetables, meat, fish, chilled foods, flowers...) between Holland, Germany andthe UK. In 2005 Nedexco's revenues were in excess of €31million (£21 million)and continue to develop rapidly. In 2005, Eurotunnel transported 1,308,786 trucks on board its fleet of 16Freight Shuttles. Eurotunnel has carried more than 11 million trucks since thestart of commercial operation in 1994! The company continues to improve thequality of the service offered to hauliers and truck drivers: automatic check-inlanes, number plate recognition system, improvements to the freight terminals,simplified booking system... Jacques Van der Heijden, Nedexco Managing Director, declared "Operationally,Eurotunnel and Nedexco were born in the same year. From the outset, we havealways chosen to cross the Channel via the Tunnel, which gives us the guaranteeof speed, ease and reliability which are so important in our business. We haverecently signed long term commitments with customers who seek quality throughoutthe logistics chain. For us it was a natural choice to entrust Eurotunnel withthis business. Jacques Gounon, Chairman and Chief Executive of Eurotunnel added, "This is amajor contract which demonstrates the confidence that Nedexco places inEurotunnel's service quality. To ensure that we continue to improve for ourmillions of customers, Eurotunnel is investing heavily in its "Focus onCustomers" programme. Our commercial and operating performance, our ability toadapt to our markets, the professionalism and commitment of our staff havecreated the foundations for our Safeguard Restructuring Plan." Ndegrees 997/2006 For media enquiries contact John Keefe on + 44 (0) 1303 284491.Email: [email protected] www.eurotunnel.com Eurotunnel manages the infrastructure of the Channel Tunnel and operatesaccompanied truck shuttle and passenger shuttle (car and coach) services betweenFolkestone, UK and Calais, France. Eurotunnel also earns toll revenue fromtrain operators (Eurostar for rail passengers, and EWS and SNCF for railfreight) which use the Tunnel. Eurotunnel is quoted in London, Paris andBrussels. This information is provided by RNS The company news service from the London Stock Exchange

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