euro adhoc: Jungfraubahn Holding AG / Strategic management decisions / Jungfrau Railways to focus on quality and reduced travelling time Additional Jungfraujoch fast connection will not be realized (E)

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

27.11.2008

An additional fast connection to the Jungfraujoch-Top of Europe will not be
realized. The feasibility study authorized by Jungfraubahn Holding AG has
provided an in-depth examination of various access options. The wide-ranging
investigations are of considerable value to the further development of the
Jungfrau Railway, as technical feasibilities have been demonstrated and
clarification of the health aspect of faster travel to the Jungfraujoch has
proved positive. The result of the collated facts is JungfraubahnPREMIUM, an
innovative project that will permit a sustainable capacity increase and a
shorter travelling time with the existing railway infrastructure.
In this, the responsible persons are focusing on modern, high-speed shuttle
trains and new crossing possibilities inside the mountain. This will enable more
efficient train rotation and timetables and thus overcome current bottlenecks
with high-season capacity. In the long-term, it will be possible to increase the
qualitatively feasible maximum number of daily visitors to the Jungfraujoch from
the current 4400 to 6000 persons. The long-term objective is to be able to
welcome one million guests per year.
Here, the measures required include modernisation of the Jungfrau Railway fleet
of rolling stock. Within the scope of the project, the purchase of modern double
locomotives is necessary to make a marked improvement in travelling comfort and
also offer the latest experience elements such as infotainment systems. In
addition, it will be possible to increase productivity and make the Jungfrau
Railway more cost-efficient thanks to a rotation of four trains instead of
three.

With more modern locomotives, it is also possible to travel the Kleine Scheidegg
- Jungfraujoch - Kleine Scheidegg section in 90 minutes instead of 120. This
means that the shortest travelling time from Grindelwald Grund - Jungfraujoch -
Grindelwald Grund would be only 2 hours and 34 minutes. Thus with the additional
fast connections, the envisaged aim of "the Jungfraujoch as a half-day-trip"
becomes feasible, improving its appeal to present guest segments. Those
responsible expect a positive effect on future revenue.

With improvements to the railway costing considerably less than CHF 100 million,
investment will be far lower than would be the case with a new access variation.
The costs of the different variations examined are between CHF 460 and 970
million.

With JungfraubahnPREMIUM, those responsible are now building on the existing
structure, guaranteeing the least possible burden on the environment and the
most economical use of resources. JungfraubahnPREMIUM is a long-term programme
with a lead time and construction period of a minimum of five to six years.

Further inquiry note:
More information:

Thomas Bieger, Executive Chairman, Jungfraubahn Holding AG: 079 681 55 49 (up to
11.00 h and from 15.00 h)

Urs Kessler, CEO, Jungfrau Railways, Tel. 033 828 71 11

Contact:

Kathrin Naegeli, Information & Media Jungfrau Railways
Tel. 033 828 72 30 / mobile 079 222 53 10, e-mail: kathrin.naegeli@jungfrau.ch

end of announcement euro adhoc
--------------------------------------------------------------------------------

emitter: Jungfraubahn Holding AG
Harderstrasse 14
CH-3800 Interlaken
phone: +41 (0)33 828 71 11
FAX: +41 (0)33 828 72 64
mail: jb@jungfraubahn.ch
WWW: www.jungfraubahn.ch
sector: Railway
ISIN: CH0017875789
indexes: SPI
stockmarkets: SWX Local Caps: BX Berne eXchange, SWX Swiss Exchange
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

print