Info-Quest is announcing Q-Telecom's customer base as of 30/06/2003:

Customer Base at 30/06/2003
Q-Telecom's customer base at June 30th 2003 reached 266.833 connections overall where:

• The mobile connections reached 215.137 thereof 186.968 were prepaid customers and 28.169 were contract customers.

• The fixed line connections reached 51.696 all being contact customers using Q-Telecom?s network through the four digit carrier selection code 1765.

Net New Connections of the 2nd Quarter of 2003
The net new connections of the fourth quarter of 2003 reached 78.131 where:

• The net new mobile connections reached 70.955 thereof 68.499 were prepaid customers and 2.456 were contract customers.

• The net new fixed line connections reached 7.176 all being contact customers using Q-Telecom?s network through the four digit carrier selection code 1765.

The director of Q-Telecom Mr. Kostas Prigipakis has stated: ?During the first six months of 2003 we have surpassed our initial business plan targets. Consumer response is more than encouraging and proves that Q-Telecom is covering with a different way the needs of that part of the consumer base that choose to have quality services for lower prices with no obligations. The prepaid package we offer, Q-Card1, is the driving force for the growth of our subscriber base, while the Q1 package is an innovative program in the contract mobile telephony market with no fixed fees. The successful course is also due to the fact that our customers, home and corporate, have the ability for one stop billing for all their telecom needs, fixed telephony, mobile telephony and internet.? Mr Prigipakis has also mentioned that Q target for 5% market share by 2005 according to the results so far seems to be feasible and realistic.