ACQUISITION OF COSMOTE SHARES

16 Nov 2007 11:43

Hellenic Telecomms Organization S A16 November 2007 Announcement Athens, Iovember 16, 2007 - The Hellenic Telecommunications Organization SA (OTESA), in accordance with Law 3461/2006 (Article 24), Law 3556/2007 and 3340/2005,announces that: On November 15, 2007 OTE SA acquired through the Athens Stock Exchange 2,258,321Cosmote shares with corresponding voting rights, for a total of €59,278,654 (•26.2490 per share). Before the aforementioned transaction OTE SA held 84.51% ofthe total voting rights of Cosmote SA. and following the aforementionedtransaction, OTE SA holds 85.18% of the total voting rights of Cosmote SA. INVESTOR RELATIONS Oel. +0030 210-611-1574/7593/1121 E-mail: dtzelepis@ote.gr Fax: +0030 210-6111030 This information is provided by RNS The company news service from the London Stock Exchange