COSMOTE - MOBILE TELECOMMUNICATIONS S.A. announces that on Wednesday 13 December 2006 its 100% subsidiary COSMOHOLDING CYPRUS LTD acquired, through stock exchange transactions, 257,328 common registered shares of GERMANOS S.A., at the price of euro 19 per share. Following these transactions, COSMOTE''s direct and indirect participation in GERMANOS S.A.''s paid-in share capital is approximately 89.70%.