According to Presidential Decree 51/1992, the Athens Exchange''s Regulation and the legislation in effect, the company GERMANOS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY OF ELECTRONIC -TELECOMMUNICATION MATERIALS AND TELECOMMUNICATION SERVICE PROVIDER (hereinafter GERMANOS SA) announces that the companies COSMOTE - MOBILE TELECOMMUNICATIONS S.A. and COSMOHOLDING CYPRUS LIMITED, a 100% subsidiary of COSMOTE - MOBILE TELECOMMUNICATIONS S.A., notified the former on 27/12/2006 that 16,929,103 shares owned directly by COSMOTE - MOBILE TELECOMMUNICATIONS S.A. and which represent 20.75% of GERMANOS SA''s share capital, were transferred to COSMOHOLDING CYPRUS LTD. Furthermore, following transactions that took place through the Stock Exchange as well as the completion of the Tender Offer, COSMOTE - MOBILE TELECOMMUNICATIONS S.A. owns indirectly, through its 100% subsidiary COSMOHOLDING CYPRUS LTD, 99.0% of the shares of GERMANOS SA.