The Hellenic Telecommunications Organization SA (OTE SA), in accordance with Law 3461/2006 (Article 24), Law 3556/2007 and 3340/2005, announces that: On November 16, 2007 OTE SA acquired through the Athens Stock Exchange 617,664 Cosmote shares with corresponding voting rights, for a total of euro 16,211,683 (euro 26,2468 per share). Before the aforementioned transaction OTE SA held 85.18% of the total voting rights of Cosmote SA. and following the aforementioned transaction, OTE SA holds 85.37% of the total voting rights of Cosmote SA.