COSMOTE - MOBILE TELECOMMUNICATIONS S.A. announces that on Friday 1 December 2006 its 100% subsidiary COSMOHOLDING CYPRUS LTD acquired, through stock exchange transactions, 249,992 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 88.39%.