INTRACOM S.A. HOLDINGS

INTRACOM undertakes $4.4M project for MTC in Kuwait.

Athens - December 2, 2005 - INTRACOM signed a contract, worth 4.4 million USD, with MTC (Mobile Telecommunications Company) for the supply of a "Signaling Monitoring System for SS7, as well as GPRS and Abis Networks".

MTC Kuwait, a member of MTC Group, is currently the largest operator in Kuwait and one of the largest mobile operators in Middle East.

Within the framework of the agreement, apart from hardware and software provision, INTRACOM will also provide associated professional services including installation, configuration, training, support and maintenance. The project will be implemented in five phases and the implementation period will be nine months.

INTRACOM's solution is based on acceSS7 System developed by Agilent Technologies. This solution will enable MTC to have prompt and efficient supervision of its SS7, GPRS and Abis Signalling Networks, and retrieve valuable information for the rendered services in order to secure a high quality of service level offered to their customers.

INTRACOM has a long-standing experience in the design and implementation of Operations Support Solutions, based on Agilent' s solution, in Greece and abroad: OTE (Greece), BTC (Bulgaria), Telekom Srbija, STC (Saudi Arabia), Polkomtel (Poland), HT (Croatia), Vodafone (Greece), TIM (Greece), Tellas (Greece). INTRACOM has an active presence in the Middle East market and can meet present as well as future needs of any telecommunications provider.

About INTRACOM


INTRACOM was founded in 1977, listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index. INTRACOM Group has 5.450 employees and offers its products and services in 60 countries all over the world, focusing on European Union, N. Africa, M. East and the USA. INTRACOM, besides Greece, operates subsidiaries in 16 countries. For more information, please visit: www.intracom.com.

Information for news editors
For more information, please contact Intracom Press Office:
Vivian Tsamadou, Media Relations & Public Affairs Manager, tel. +30-210-667-7121, e-mail: vtsa@intracom.gr