Peania, August 22, 2014

Following previous announcements, Intracom Holdings, as Hellas Online's shareholder, controlling (directly and indirectly) 57.24% Common Registered Shares with voting rights, and Vodafone-Panafon, also as Hellas Online's shareholder, which holds a stake of 18.43%, announce the two Groups-shareholders of Hellas Online have signed a binding agreement for the acquisition Intracom Holdings' aforementioned stake in Hellas Online by Vodafone–Panafon, at a total price of € 57,2 mil. The total price may be amended depending on events that will affect the financial situation HOL until the completion of the transaction.

Completion of this transaction is subject to a number of conditions, including all necessary authorities and regulatory approvals.