Athens, November 3, 2015 ? The company "Hellenic Telecommunications Organization SA" (OTE S.A. or Company), announces that following the decision 2990/2-11-2015 of its Board of Directors, the Company will proceed on 6/11/2015 with the transfer (Over the Counter- OTC) of 420 own shares (at the price of €4.77 per share), representing 0.00009% of the Company's paid-up share capital, to a beneficiary of the approved, by the General Meeting of the Company's Shareholders, "Stock Option Plan" due to the exercise of equal number of Vested Rights

This announcement is published in accordance with paragraph 4.1.4.2 of the Athens Stock Exchange Regulation.