ACQUISITION OF COSMOTE SHARES

23 Nov 2007 13:04

Hellenic Telecomms Organization S A23 November 2007 Announcement Athens, Iovember 23, 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 22, 2007 OTE SA acquired through the Athens Stock Exchange 1,059,898Cosmote shares with corresponding voting rights, for a total of €27,820,517 (€26,2483 per share). Before the aforementioned transaction OTE SA held 86.47% of the total voting rights of Cosmote SA. and following the aforementionedtransaction, OTE SA holds 86.78% of the total voting rights of Cosmote SA. INVESTOR RELATIONSOel. +0030 210-611-1574/7593/1121E-mail: dtzelepis@ote.grFax: +0030 210-6111030 This information is provided by RNS The company news service from the London Stock Exchange