HELLENIC TELECOM. ORG.

Announcement


Αthens, Νovember 9, 2007 ? The Hellenic Telecommunications Organization SA (OTE SA), today announces that:
Following a written authorization, which was submitted to OTE SA at 17:44 on 7th November 2007, the Marfin Investment Group authorizes Mr. Panagis Vourloumis, to exercise on behalf of Marfin Investment Group the corresponding voting rights of 50,867,727 shares that were reserved on time or of all of the shares directly owned by the Marfin Investment Group, during the OTE SA Extraordinary General Assembly of Shareholders on 8/11/2007 and will be reserved overdue. 2,279,003 shares were reserved overdue and based on the aforementioned written authorization, Mr. Panagis Vourloumis exercised the corresponding voting rights for the total of the abovementioned shares (53,146,730). Subsequent to the closure of the General Assembly Mr. Panagis Vourloumis ceased to hold the total of the voting rights corresponding to the aforementioned shares.