Replacement of BoD Member

Athens, April 13, 2017 -Hellenic Telecommunications Organization S.A. (OTE S.A. or the Company), announces that the Company's Board of Directors, elected yesterday as new, non-executive member Dr. Robert Hauber, replacing the non-executive member Dr. Elias Drakopoulos who resigned, for the rest of his tenure, namely until the Ordinary General Assembly of Shareholders to be held in 2018.

CV of Dr. Robert Hauber

Dr. Robert Hauber studied at the University of Stuttgart, the University of Mainz and the University of Massachusetts. He holds a Master degree (Dipl. Kfm.) and a PhD (Dr.) - both in business administration. He served Deutsche Telekom for ten years as a senior finance executive in several management positions. Before his career with Deutsche Telekom he worked for Hewlett Packard, Procter & Gamble and DaimlerChrysler, where he was involved in the merger between Daimler-Benz & Chrysler.

Within Deutsche Telekom, Dr. Robert Hauber worked from 2002-2005 as Vice President Financial Controlling of T-Mobile International and from 2005-2009 as Senior Vice President Financial Controlling of T-Mobile International. Between 2009 and 2011 he has been Head of Financial Controlling of the Europe Segment of Deutsche Telekom. In this role, he was Member of the Board of Directors of T-Mobile Czech Republic, Member of the Supervisory Board of T-Mobile Austria and Member of the Supervisory Board of Polska Telefonica Cyfrowa (PTC).

During April 2011-June 2016 he was Chief Financial Officer, Vice Chairman of the Executive Management Board and Member of the Board of Directors of Slovak Telekom.

In July 2016 Dr. Robert Hauber returned to Deutsche Telekom headquarters as Business Leader and became Senior Vice President Finance Europe. In his role, he is responsible for the financial management of Europe and Technology.

The announcement is issued as a Regulated Information, in accordance with Law 3556/2007, [article 3, par. 1 (p) and article 21] and Regulation No 596/2014 of the European Parliament and of the Council on market abuse.

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