FORTHNET A.E.

PROPER REPETITION - Notification of regulated information of the Law 3556/2007- Significant changes in voting rights.

Forthnet SA announces in accordance with the Law 3556/2007 (art.9, 14 and 21) in combination with the resolution No. 1/434/03.07.2007 of the HCMC and Circular Document no 33 of the HCMC that Emirates International Telecommunications LLC ("EITL") has notified Forthnet S.Α. on the 15th of July 2009, with its amended notification, of the change of its indirect participation in the share capital of Forthnet from 33.89% to approximately 36.9083% corresponding to 57,367,084 of shares and equal number of voting rights out of the total of 155,431,324. The said change took place on the 7th of July 2009. The Notification has been made due to the crossing of the threshold of 3% of the total issued share capital of Forthnet (art.9 par. 4, L.3556/2007), as a result of the indirect acquisition by Emirates International Telecommunications LLC, through the direct shareholder in Forthnet, Forgendo Ltd, of shares with voting rights.
Emirates International Telecommunications LLC, also notified that on the 6th of July 2009 indirectly held 36.7195% of the total voting rights in Forthnet S.A.. Finally, Emirates International Telecommunications LLC issued the above notification also on behalf of its intervening subsidiaries Emirates International Telecommunications (Malta) Limited ("EIML") and Forgendo Ltd.