Athens, May 14, 2014 – The company “Hellenic Telecommunications Organization SA” (OTE SA or Company), announces that, following its relevant announcement on 12/5/2014, the below mentioned OTE Group executives notified on 13/05/2014 the Company, in accordance with art.13 L.3340/2005 and Decision 3/347/2005 of Hellenic Capital Market Commission, of the purchase of OTE SA shares in the framework of the approved, by the General Meeting of the Company's Shareholders, “Stock Option Plan” and according to its terms. It is noted that for each of the following executives, the total number of purchased shares and the total value paid are mentioned, as follows:

Mr Michael Tsamaz purchased 114,530 shares of a total value of €514,239.70 (Chief Executive Officer of the Company), Mr Zacharias Piperidis 59,290 shares of a total value of €266,212.10 (ΟTE Group Chief Operating Officer), Ms Eirini Nikolaidi 56,530 shares of a total value of €253,819.70 (OTE Group General Counsel), Mr Georgios Athanasopoulos 48,140 shares of a total value of €216.148,60, Mr Aristodimos Dimitriadis 30,630 shares of a total value of €161,562.20, Mr Stefanos Theocharopoulos 54,000 shares of a total value of €242,460, Mr Georgios Mavrakis 39,908 shares of a total value of €179,186.92, Ms Eleni Papadopoulou 49,640 shares of a total value of €222,883.60, Ms Maria Rontogianni 30,582 shares of a total value of €137,313.18, Ms Christini Spanoudaki 49,613 shares of a total value of €222,762.37, Ms Aimilia Filippou-Klopfer 52,390 shares of a total value of €235.231,10 (OTE Group Chief Officers), Mr Konstantinos Ploumpis 35,954 shares of a total value of €161,433.46, Mr Panagiotis Sarantopoulos 47,248 shares of a total value of €266,242.48, Mr Georgios Tsonis 50,740 shares of a total value of €227,822.60 (OTE General Managers), Mr Georgios Arvanitidis 25,745 shares of a total value of €115,595.05, Mr Evangelos Dakoutros 29,990 shares of a total value of €134,655.10 (OTE Assistant General Managers), Mr Ilias Drakopoulos 50,488 shares of a total value of €226,691.12 (General Manager), Mr Konstantinos Paradeisis 6,000 shares of a total value of €26,940 (Secretary of OTE's Board of Directors), Mr Evriviadis Sarsentis 26,770 shares of a total value of €120,197.30, Ms Despoina Tzimea 6,000 shares of a total value of €26,940, Mr Panagiotis Kaliabetsos 6,000 shares of a total value of €26,940 (OTE Group Directors), Mr Konstantinos Vasilopoulos 6,000 shares of a total value of €26,940 (OTE Director), Mr Dimitrios Tzelepis 6,000 shares of a total value of €26,940 (Head of Investor Relations Division OTE Group) and Ms Nektaria Kozanoglou, 3,500 shares of a total value of €19,722.50 (Head of Corporate Announcements).

This announcement is published in accordance with Law 3556/2007, the Decision 1/434/03.07.2007 of the Hellenic Capital Market Commission, the article 10 of Law 3340/2005 and the Decision 3/347/12.07.2005 of the Hellenic Capital Market Commission.