Αthens, June 27, 2008 - The Board of Directors of OTE SA informs its shareholders that, pursuant to the decision of the company's Annual General Assembly of June 26, 2008, the dividend for fiscal year 2007 amounts to euro 367,612,791.75 or euro 0.75 per share. The ex-dividend date will be July 1st, 2008. Dividend payment will commence on Tuesday, July 8, 2008.