According to the notification of its shareholder The Royal Bank of Scotland plc, on January 25, 2008, The Royal Bank of Scotland plc holds 6.49% of the total of OTE S.A. voting rights, ammounting to 31,801,228 shares, following an acquisition of voting rights on January 22, 2008. The shares are held by The Royal Bank of Scotland plc as a hedging position to its customer business and are not a proprietary holding.