HELLENIC TELECOM. ORG.

Announcement

CONN-X REDUCED TARIFFS BY UP TO 44.5% AND OFFER OF NEW INTERNET ACCESS SPEED OF UP TO 24 Mbps
Αthens, December 20, 2007- The Hellenic Telecommunications Organization SA (OTE SA), announces new, reduced tariffs by up to 44.5% for its Conn-x (ADSL) packages. The new tariffs, which are effective from December 17, 2007 apply to all new, as well as existing connections.
Moreover, OTE will also proceed, free of charge, with a gradual upgrade of connection speed from 768/192 Kbps to 1024/256 Kbps. As of December 17, 2007, all 1024/256 Kbps speed connections will be charged at the new price of euro 16.50 per month.
In addition, OTE is announcing the offer of new, faster, internet access speeds of up to 24 Mbps, at the price of euro 29.90 per month.
Specifically, the new Conn-x packages tariffs are as follows:
Nominal current access speed (downstream/upstream) Current monthly fee New Nominal access speed New monthly fee Difference
768 / 192 euro18.50 1024 / 256 euro16.50 -10.81%
1024 / 256 euro21.50 -23.26%
2048 / 256 euro29.50 2048 / 256 euro19.50 -33.90%
4096 / 256 euro38.50 4096 / 256 euro22.50 -41.56%
8192 / 384 euro48.50 8192 / 384 euro26.90 -44.54%
- - Up to 24576 / 1024 ?29.90 New speed
Note: All prices include 19% VAT
The new internet access speed of up to 24 Mbps is available in Athens, Thessaloniki, the major cities of Greece, such as Patra, Ioannina, Iraklion, Alexandroupolis, Larisa, Volos, Kavala, Xanthi, Komotini, as well as in 35 other cities. The new service will gradually become available in more cities across the country.
The new tariff reduction follows two rate cuts implemented earlier in the year, in May and February.
OTE's offering of faster ADSL speeds at highly competitive prices will contribute to the further promotion of broadband in Greece.