FORTHNET A.E.

Comments on publications

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 in connection with reports published in the newspapers and the electronic press, Forthnet SA confirms the submission of a non binding offer, subject to strictly confidential terms, for the acquisition of the shares of WIND Hellas Telecommunications S.A. Further, Forthnet points out that the submission of a non binding offer does not imply that it will be accepted, neither that, in case it will be accepted, Forthnet will further submit a binding offer. Also, the submission of a binding offer does not necessarily imply its acceptance, neither that the respective negotiations will result in the conclusion of an agreement.
In any case, Forthnet notes that it will pursue the above business target only if it finally judges that the said transaction will be to the benefit of both the Company and its shareholders. Forthnet will duly inform the investors on any material development within the framework of the existing legislation and the above confidentiality terms.