Αthens, October 17, 2012 – The Hellenic Telecommunications Organization SA (OTE SA), in accordance with Law 3556/2007, 1/434/03.07.2007 Decision of the Hellenic Capital Market Commission, article 13 of Law 3340/2005 and 3/347/12.07.2005 Decision of the Hellenic Capital Market Commission, announces that:

According to its transaction notification of 17.10.2012, PIRAEUS BANK SA, where Mr. Vassilios Fourlis is Non Executive Member of the Board of Directors, on October 16, 2012 sold 50,000 shares of OTE SA a total value of 181,605.94 euro. Mr Vassilios Fourlis is also Member of the Board of Directors of OTE SA.