COSMOTE - MOBILE TELECOMMUNICATIONS S.A. hereby announces that on February 1st, 2007, 1,094,090 of new ordinary registered shares will commence trading on the Athens Stock Exchange following the increase in its share capital by Euro 514.222,30 as a result of the exercise of options in accordance with the resolutions of the General Meetings of the Shareholders of 31.7.2000, 12.6.2001, 21.2.2002 and 27.01.2006 respectively. After this increase, COSMOTE''s share capital amounts to Euro 157,347,634.00 divided into 334,782,200 shares with a nominal value of Euro 0.47 each.
The 1,094,090 new shares were subscribed for as follows: (a) 2,750 shares were subscribed for by 1 option-holder at a price of Euro 8.96 per share; (b) 901,370 shares were subscribed for by 182 option-holders at a price of Euro 10.228 per share; (c) 49,930 shares were subscribed for by 29 option-holders at a price of Euro 13.46 per share; and (d) 140,040 shares were subscribed for by 32 option-holders at a price of Euro 15.95 per share.
The aforementioned increase in COSMOTE''s share capital was approved by the Board of Directors of the Company on 22.12.2006, certified by the Board on 12.1.2007, adopted by the Ministry of Development through the K2-709/16.1.2007 decision and adopted by the Athens Stock Exchange by a resolution passed on 26.1.2007.
COSMOTE further announces that with effect from 1.2.2007 trading in the shares of COSMOTE will reflect the new adjusted value of the shares to take account of the share capital increase.
Further information concerning COSMOTE''s Stock Option Plan is available in the Document for the Provision of Information under L/ 3401/2005, which is available at the Investor Relations section of the Company''s web site (www.cosmote.com).