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ACQUISITION OF COSMOTE SHARES

14th Nov 2007 10:28

Hellenic Telecomms Organization S A14 November 2007 Announcement Athens, Iovember 14, 2007 - The Hellenic Telecommunications Organization SA (OTESA), in accordance with Law 3461/2006 (Article 24), Law 3556/2007 and 3340/2005,announces that: On November 13, 2007 OTE SA acquired through the Athens Stock Exchange16,742,659 Cosmote shares with corresponding voting rights, for €26.2496 pershare. Before the aforementioned transaction OTE SA held directly 261,042,352shares and the corresponding voting rights (representing 77.97% of the totalshare capital) of Cosmote SA. Following the aforementioned transaction OTE SAholds 277,785,011 shares and the corresponding voting rights (representing 82.97% of the total share capital) of Cosmote SA. INVESTOR RELATIONS Oel. +0030 210-611-1574/7593/1121 E-mail: [email protected] Fax: +0030 210-6111030 This information is provided by RNS The company news service from the London Stock Exchange

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