Ote Ads Regulatory News (OTES)

ATHENS, Greece - April 30, 2014 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider (the Company), today held the Extraordinary General Meeting, at which 67.97% of its Shareholders were present.

During the meeting, the Items of the Agenda were discussed and decisions by majority of votes were reached. In this framework, the amendment of Article 2 (Object) of the Company's Articles of Incorporation was approved, special permission was granted, pursuant to Article 23a of C.L.2190/1920, on the conclusion of a brand license agreement(s) between affiliated companies of OTE S.A., namely Romtelecom and Cosmote Romania (Licensees) and Deutsche Telekom AG (Licensor) and the basic terms of the agreement(s) were approved, finally, the required majority vote for approval was not received by the Item regarding "the proportional reduce of the remuneration of the directors and the executives of OTE, as long as the Medium Term Framework of Fiscal Strategy 2012-2015 is in effect, according to paragraph 2, article 6 of Law 4092/2012".

Contacts:

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

Daria Kozanoglou - Senior Communications & Regulatory Affairs Officer,

Investor Relations

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

Eleni Agoglossaki - Communications & Regulatory Affairs Officer, Investor Relations

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