INTRACOM S.A. HOLDINGS

Reply to no Ref. letter 608/29.03.2012 of HSMC

In relation to a publication of a news portal, which reproduces a Romanian newspaper's press reports regarding an alleged financial demand by the Romanian State from Intracom, the Company declares, following a request by the HCMC, that it haven not received any such information by the relative authorities of Romania and, therefore, cannot comment on press reports that do not refer to real facts.