HELLENIC TELECOM. ORG.

Announcement

Αthens, Νovember 26, 2007 ? 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 23, 2007 OTE SA acquired through the Athens Stock Exchange 3,952,822 Cosmote shares with corresponding voting rights, for a total of euro 103,759,152 (?26.2494 per share). Before the aforementioned transaction OTE SA held 86.78% of the total voting rights of Cosmote SA. and following the aforementioned transaction, OTE SA holds 87.96% of the total voting rights of Cosmote SA.