COSMOTE - ΚΙΝΗΤΕΣ ΤΗΛΕΠΙΚΟΙΝΩΝΙΕΣ Α.Ε.

Announcement

Following the 24 May 2006 announcement, COSMOTE announces that it has signed the agreements for the bridge financing of the acquisition of GERMANOS S.A., up to 1.5 billion Euro. The completion of the acquisition is subject to approvals by the competent regulatory authorities in Greece, Romania and Ukraine, while it has already been approved by the authorities in Bulgaria and FYROM.