Announcement of Regulated Information Athens, November 26, 2014 - The Hellenic Telecommunications Organization SA (OTE SA or Company), announces the intention to buyback own shares during the period from 26.11.2014 to 25.06.2015 within the framework of fulfillment of its obligations derived from the Stock Option Plan for executives of the Company and its subsidiaries in Greece and abroad.

More specifically, and according to the resolutions of the competent corporate bodies, OTE SA intends to purchase up to 2,679,135 shares, namely about 0.55% of the paid-up share capital of the Company, at a maximum purchase price of €30 per share and a minimum purchase price of €2 per share.
The Company currently holds 1,369,951 own shares, namely 0.28% of the paid-up share capital.
The purchases will be made in accordance with the terms of Regulation 2273/2003 of the Commission of the European Communities and the Decision 5/347/12.07.2005 of the Hellenic Capital Market Commission.

This announcement is published in accordance with Law 3556/2007, the Decision

1/434/03.07.2007 of the Hellenic Capital Market Commission, the article 13 of Law 3340/2005 and the Decision 3/347/12.07.2005 of the Hellenic Capital Market Commission.

FOR FURTHER INFORMATION:

OTE GROUP MERGERS, ACQUISITIONS & INVESTOR RELATIONS

Τel. +0030 210-611-1574

E-mail: esarsentis@ote.gr

Fax: +0030 210-6111030

distributed by