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Chng to Shareholder Structure

21st Jun 2005 11:50

Cesky Telecom A.S.21 June 2005 ANNOUNCEMENT 21. 6. 2005 CHANGE TO SHAREHOLDER STRUCTURE OF CESKY TELECOM CESKY TELECOM, a.s. herein announces that on June 16, 2005, the Czech NationalProperty Fund transferred shares in CESKY TELECOM, a.s. representing a 51.1%share on voting rights and the share capital of CESKY TELECOM, a.s. toTelefonica, S.A. Through the acquisition of the shares Telefonica, S.A. assumed control overCESKY TELECOM a.s. As of June 17, 2005, Telefonica, S.A. is thereby obliged tomake a buy-out offer to all minority shareholders of CESKY TELECOM, a.s. within60 days. Investor RelationsCESKY TELECOM, a.s.tel: 271 462 120fax: 271 469 825e-mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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