COSMOTE - MOBILE TELECOMMUNICATIONS S.A. announces that on Monday 11 December 2006 its 100% subsidiary COSMOHOLDING CYPRUS LTD acquired, through stock exchange transactions, 53,965 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 89.31%.