Ote Ads Regulatory News (OTES)

 DRAFT AMENDMENT OF THE ARTICLES OF INCORPORATION

ATHENS, Greece -June 11, 2013 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider, informs its shareholders, in accordance with §2 art. 19 of Law 3556/2007 and in view of the Ordinary General Meeting of Shareholders, which will take place on Wednesday, June 26 2013 at 16:30, at the Company's headquarters (99, Kifisias Avenue, Marousi), its intention to amend paragraph 3 (a) of article 8 (Board of Directors) of the Company's Articles of Incorporation by adding item (ix), as follows:

 "ix. For the submission of any kind of filing of charges, penal reports, indictments and pleadings before any Authority, investigator or Court of Justice for criminal acts committed against the Company, for the appointment of the company as civil party for compensation due to criminal acts against the company, for the submission of a claim for moral damages of any amount with or without reservation, the submission of statements that the company wishes or not the prosecution of the offenders as well as the revocation of such statements and filings of charges, for the submission of appeals against Prosecutors' Orders, for the submission of applications for the revocation of Prosecutors' Orders addressed to the company, for the submission of any legal remedies against decisions of judicial councils and Courts of Justice of all degrees, for the appointment of authorized attorneys at law or other third parties with the same mandate, the appointment of proxies as well as the representation of the company for all the above actions".

A draft of the proposed Amendment of paragraph 3 of Article 8 (Board of Directors) of the Articles of Incorporation is also available on the Company's website, at: https://www.ote.gr/web/guest/corporate/ir

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 more than 27,500 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: https://www.ote.gr/web/guest/corporate/ir

Contacts:

OTE: Dimitris Tzelepis - Head of Investor Relations

Tel: +30 210 611 1574, Email: dtzelepis@ote.gr 

Maria Kountouri - Assistant to the Head of Investor Relations

Tel: +30 210 611 5381, Email: mkountouri@ote.gr 

Kostas Maselis - Senior Financial Analyst, Investor Relations

Tel: +30 210 611 7593, Email: kmaselis@ote.gr

Sofia Ziavra - Financial Analyst, Investor Relations

Tel: +30 210 611 8190, Email: sziavra@ote.gr

Christina Hadjigeorgiou - Financial Analyst, Investor Relations

Tel: +30 210 611 1428, Email: cchatzigeo@ote.gr

Daria Kozanoglou - Senior Communications & Regulatory Affairs Officer,

Investor Relations

Tel: +30 210 611 1121, Email: nkozanoglou@ote.gr

Eftychia Tourna - Communications & Regulatory Affairs Officer, Investor Relations

Tel: +30 210 611 7236, Email:etourna@ote.gr

Eleni Agoglossaki - Communications & Regulatory Affairs Officer, Investor Relations

Tel: +30 210 611 7880, Email: eagoglossak@ote.gr