COSMOTE MOBILE TELECOMMUNICATIONS S.A. announces that the following forward-looking statements reflect COSMOTE's expectations as of April 20, 2005 for the Full Year 2005 financial results. COSMOTE's management offers the following guidance for the Full Year 2005:

a. Full Year 2005 consolidated revenues are expected to grow in the range of 13% to 15% on an annual basis, and b. Full Year 2005 consolidated net income is expected to grow in the range of 11% to 14% on an annual basis. It is noted that the estimates are based on current expectations and beliefs and are subject to numerous uncertainties that could cause actual results to differ materially.