COSMOTE MOBILE TELECOMMUNICATIONS S.A. announces its Board of Directors'' resolution passed at its meeting on February 22nd, 2007, to recommend to the 10th Annual General Shareholders'' Meeting, which will be convened on June 8th, 2007: (a) the fiscal year 2006 dividend distribution of a total amount of euro 244,391,006 (euro 0.73 per share), b) all holders of the Company''s shares as at the 11th of June 2007, inclusive, to be entitled to this dividend c) shares to be trading ex-dividend from June 12th 2007, and d) dividend payment to commence on June 20th 2007.