Unclaimed dividends

 Unclaimed dividends of the financial year 2006 will lapse

ATHENS, Greece - October 16, 2012 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET:HLTOY), the Greek full-service telecommunications provider, informs its shareholders that the five-year period for the collection of the dividend for the financial year 2006, which amounts to €0,55 per share, expires on December 31, 2012.

Beneficiaries of the dividend are the shareholders who had OTE shares on their possession on June 25, 2007.

Shareholders who have not collected the dividend for the financial year 2006, may proceed with its collection through Piraeus Bank branch network by showing their identification document (ID card, passport).

For clarifications, shareholders may contact the Company's Shareholders Department, during working days and hours (Stadiou 15, 10561 Athens, tel. no.: + 30 800 11 300 03).

After this date, dividends not collected from entitled parties will lapse in favor of the Hellenic State.

OTE Group is Greece's leading telecommunications organization and one of the pre-eminent players in Southeastern Europe, providing top-quality products and services to its customers.

Apart from serving as a full service telecommunications group in the Greek telecoms market, OTE Group has also expanded during the last decade its geographical footprint throughout South East Europe, having acquired a stake in the incumbent telecommunications company of Romania and establishing mobile operations in Albania, Bulgaria and Romania. At present, companies in which OTE Group has an equity interest employ about 28,900 people in four countries, and our portfolio of solutions ranges from fixed and mobile telephony to Internet applications, satellite, maritime communications and consultancy services.

Listed on the Athens Stock Exchange, the company trades under the ticker HTO. Following OTE's delisting from NYSE, OTE ADSs (American Depositary Shares) trade in the OTC (Over The Counter) market under the ticker HLTOY.

Additional Information is also available on:

http://www.ote.gr/portal/page/portal/InvestorRelation/InvestorRelation

Contacts:

OTE: Dimitris Tzelepis - Head of Investor Relations

Tel: +30 210 611 1574, Email: [email protected] 

Maria Kountouri - Assistant to the Head of Investor Relations

Tel: +30 210 611 5381, Email: [email protected] 

Kostas Maselis - Senior Financial Analyst, Investor Relations

Tel: +30 210 611 7593, Email: [email protected]

Sofia Ziavra - Financial Analyst, Investor Relations

Tel: +30 210 611 8190, Email: [email protected]

Christina Hadjigeorgiou - Financial Analyst, Investor Relations

Tel: +30 210 611 1428, Email: [email protected]

Daria Kozanoglou - Senior Communications & Regulatory Affairs Officer,

Investor Relations

Tel: +30 210 611 1121, Email: [email protected]

Eftychia Tourna - Communications & Regulatory Affairs Officer, Investor Relations

Tel: +30 210 611 7236, Email:[email protected]

Eleni Agoglossaki - Communications & Regulatory Affairs Officer, Investor Relations

Tel: +30 210 611 7880, Email: [email protected]