Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider, today held its Extraordinary General Meeting of Shareholders, in accordance with the invitation that had been published on 30/6/2010 and in line with the provisions of the Law and OTE's Articles of Incorporation. During the meeting, where 62.27% of its shareholders were present, the majority of shareholders approved:
· To assume the travel and sojourn expenses of the BoD members for their participation in the BoD meetings and in the meetings of its Committees. With regards to the granting of special permission, pursuant to article 23a, paras. 2 and 4 of C.L.2190/1920, for the approval of the amendment of terms of contracts concluded between members of the Company's Board of Directors and the Company, such permission was not granted.
The Extraordinary General Meeting also elected two new members of the Audit Committee Messers D. Tzouganatos and V. Fourlis.The Audit Committee now comprises of the independent members of the Board, Mr P. Tambourlos, (Chairman of the Committee), Mr. D. Tzouganatos (member), Mr. V. Fourlis (member).