In accordance with Greek law and the Company's Articles of Association and pursuant to Resolutions No 189/28.01.2005 and 190/04.02.2005 of the Board of Directors, the Shareholders of the Company "COSMOTE - MOBILE TELECOMMUNICATIONS S.A." (the "Company") are hereby invited to the Extraordinary General Assembly, to be held on Monday 28th February 2005, at 09.30 hrs, in Maroussi (Amphitheatre of the Cultural and Sports Center "DAIS", 151 Mesogion str.), Attica, Greece, in order to discuss and decide upon the following items:

AGENDA
1. Distribution of retained earnings of previous fiscal years, Euro 0.71 per share.
2. Distribution of interim dividend of Euro 0.19 per share for the fiscal year 2004.
3. Amendment of Article 20 par.2 of the Company's Articles of Association, concerning the deadline for sending the invitation for Board of Directors' meetings. Harmonization of Article 5 par. 1 of the Company's Articles of Association with Resolution No 186/23.12.2004 (Item No 2) of the Board of Directors concerning the increase of the share capital, without amending the Articles of Association, following the exercise of stock option rights according to Article 13 par. 9 of C.L. 2190/1920. Codification of the Company's Articles of Association.
4. Approval of the basic terms of the Agreement with OTE for the project of printing, enveloping and delivery of COSMOTE's bills to ELTA for distribution (article 23a, C.L. 2190/1920).
5. Approval of the basic terms of the Technical Support Agreement with OTE (article 23a, C.L. 2190/1920).
6. Miscellaneous Announcements.

According to Greek law and the Articles of Association of the Company, in order to participate in the Extraordinary General Meeting, the Shareholders, in person or by proxy: - For shares not deposited in the Special Account, Shareholders should block the total number or a designated part of their shares, through their Stockbroker, obtain the relevant Certificate issued by the Central Securities Depository and deposit this Certificate at the Shareholder's Department of COSMOTE, 44 Kifissias Ave., Maroussi, during working days and hours, at least five (5) days prior to the date of the Extraordinary General Meeting (i.e., on or before the 22th of February 2005). - For shares deposited in the Special Account, Shareholders should block the total number or a designated part of their shares by declaration at the Central Securities Depository, obtain the relevant Certificate issued by the Central Securities Depository and deposit this Certificate at the Shareholder's Department of COSMOTE, 44 Kifissias Ave., Maroussi, during working days and hours, at least five (5) days prior the date of the convocation of the Extraordinary General Meeting (i.e., on or before 22th of February 2005).

On or before 22th of February, 2005 any Shareholders who are legal persons must also deposit, according to Greek law, their legalization papers and Shareholders who would like to participate in the Extraordinary General Meeting by proxy must give duly completed proxy papers to the Company.

Shareholders attending the Extraordinary General Meeting must present, upon arrival at the place where the General Meeting is going to take place, identification documents (i.e. identity card, passport etc).

Maroussi, 04.02.2005
By authorization of the Board of Directors

EVANGELOS MARTIGOPOULOS
MANAGING DIRECTOR