Αthens, August 29, 2011 – The Hellenic Telecommunications Organization SA (OTE SA), in accordance with Law 3556/2007, 1/434/03.07.2007 Decision of the Hellenic Capital Market Commission, article 13 of Law 3340/2005 and 3/347/12.07.2005 Decision of the Hellenic Capital Market Commission, announces that:

According to his transaction notification of 29/8/2011, Mr Michael Tsamaz, Chairman of the BoD and Chief Executive Officer of the Company, purchased 10,000 shares of OTE SA of a total value of 40,689.15 euro, on 26/8/2011.