COSMOTE - ΚΙΝΗΤΕΣ ΤΗΛΕΠΙΚΟΙΝΩΝΙΕΣ Α.Ε.

Announcement

Pursuant to paragraph 2 (a) and (b) of article 24 of L.3461/2006, COSMOHOLDING CYPRUS LIMITED ("COSMOHOLDING" or "the Offeror") hereby notifies the Hellenic Capital Market Committee and the Athens Exchange that:
(1) On 23 November 2006 COSMOHOLDING acquired at the price of Euro 19 per share, through stock exchange transactions, 15,662,341 common registered shares of "GERMANOS INDUSTRIAL AND COMMERCIAL COMPANY OF ELECTRONIC TELECOMMUNICATION MATERIAL AND SUPPLY OF TELECOMMUNICATION SERVICES S.A." (the Company), representing approximately 19.20% of the Company''s voting rights.
(2) Prior to the aforementioned acquisition the Offeror held directly 42.00% of the Company''s voting rights and its parent company COSMOTE - MOBILE TELECOMMUNICATIONS S.A. (COSMOTE) held directly and indirectly (through the Offeror) approximately 62.75% of the Company''s voting rights.
(3) Following the aforementioned acquisition the Offeror holds directly approximately 61.20% of the Company''s voting rights and COSMOTE holds directly and indirectly (through the Offeror) approximately 81.95% of the Company''s voting rights.