FORTHNET A.E.

Announcement

According to Law 3340/2005 and the decisions 3/347/2005 and 5/204/2000 of the Board of Directors of the Capital Market Commission, as in force and paragraphs 4.1.3.1. point e) and 4.1.3.6. of the Rule Book of the Athens Exchange, and following the Company's Announcements made on 08.05.2009, 05.06.2009 and 15.06.2009 respectively Forthnet SA informs the investing public that the Board of Directors of the Company, after evaluating the progress of the ongoing until today discussions with the relevant international private equity funds regarding the indicative offers submitted by them for their participation in the Company's share capital, decided not to continue the said procedures.