COSMOTE announces that, following the resolution of its Board of Directors dated 30.6.2005 approving the issuance within July and August 2005 of three bonds of total value Euro 1.0 billion, it issued yesterday a second bond of Euro 289 million which has been fully subscribed by OTE Plc. The bond expires on 7 February 2007 and will be used to finance COSMOTE's recent international investment initiatives. It is reminded that the first bond for a value of Euro 201 million was issued on 5 July 2005.