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2 o m 703 MON w : o 6 FAX +++ ANNOUNCEMENTS m on1The mntmk of h...

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    2 o m 703 MON w : o 6 FAX +++ ANNOUNCEMENTS m on1
    The mntmk of h i 8 fax are wnnuantial and mey only be used or disclosed by the addressee.
    TO Company Announcements Office
    AT Australian Stock Exchange Limited
    FAX 1300 300 021 ERG
    REF CMP-0014-01
    FROM Peter Fogarty DATE 20 January 2003

    Dear Sirs
    Media Release - "ERG Selected for Major Washington DC, Maryland & North
    Virginia Transit Fare Collection Project"
    We attach an announcement which advises that ERG with Northrop Grumman has been awarded the important smart card fare collection project for Washington DC, Maryland and North Virginia. J Cl
    The contract comprises a five-year initial term with a two-year option. The initial term is worth US$20 million, while the overall contract could generate an estimated u
    US$40 mlllion of revenue.
    Yours faithfully
    P er Fogarty
    Chief Executive Officer
    "
 
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