MIG HOLDINGS S.A.

Announcement

Further to its announcements dated 17/3/2008 and 5/5/2008, MARFIN INVESTMENT GROUP HOLDINGS S.A. announces that on 15/5/2008 the transfer of 98.026.324 OTE shares to DEUTSCHE TELEKOM AG was completed at a price of euro 26 per share, as a result of which the percentage of the Company on the total voting rights of OTE decreased from 19.9992% to 0.