Societ' Anonyme under the name "Hellenic Telecommunications Organization SA" (OTE SA), in accordance with Law 3556/2007, announces that:
According to the notification of the shareholder "HELLENIC REPUBLIC", on July 12, 2011, following a disposal of shares and voting rights, which took place on July 11 2011, HELLENIC REPUBLIC's, direct and indirect, participation in OTE SA's total voting rights stands at 10.00%, corresponding to 49,015,042 voting rights, whereas HELLENIC REPUBLIC's number of shares corresponds to 29,409,027 the direct participation amounts to 29.409.027 shares with the respective voting rights and the indirect to 19.606.015 of voting rights, on the respective shares held by the shareholder IKA ETAM. According to the aforementioned notification, before this transaction, HELLENIC REPUBLIC held, directly and indirectly, 20.00% of the total voting rights of OTE SA's share capital, corresponding to 98,030,080 voting rights, whereas the shares that it held amounted to 78,424,065.