Αthens, March 13, 2006 - Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider, announces new retail tariffs, which, subject to approval by the regulator (NTPC), will be effective from April 3, 2006. Main characteristics of the new tariffs are: OTE, for the first time introduces flat rates, the packages "OTE 480","OTE 600","OTE 720","OTE 900", for retail customers, which offer savings of up to 19% in local and long distance calls. Additionally, the packages "OTE Business Local 500", "OTE Business Local 750", "OTE Business Local 1000", and "OTE Long Distance 100", "OTE Long Distance 200","OTE Long Distance 300","OTE Long Distance 500", offer to business customers up to 18% savings in local calls and up to 20% in long-distance calls. Both retail and business customers can combine the new flat rate packages with the existing packages "OTE options", and "OTE business", and enjoy savings of up to 35% in their international calls. Subscribers to the discount package "OTE business Plus", aimed at large business customers, will now enjoy greater discounts (up to 18% in local and 31% in long distance calls). Additionally, local calls will be charged at 0.02977 per minute, instead of 0.03094 , and long distance calls will be charged at 0.06783 per minute, instead of 0.07378 (all prices include 19% VAT). The PSTN line monthly rental (net of 19% VAT) will increase by 0.50, reaching 12.40 per month, while ISDN-BRA line rental will also increase by 0.50, reaching 15.90 per month. (Recently OTE has started quoting prices including VAT of 19%, therefore the corresponding new prices including VAT will be 14.756 per month for PSTN, and 18.921 per month for ISDN.)