Voting Results of the Extraordinary General Meeting of Shareholders of OTE S.A. of 23/12/2014 Athens, Greece -December 24, 2014 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY), announces that ΟΤΕ SA's Board of Directors, in accordance with Codified Law 2190/20, article 32, par. 1 and with the Athens Stock Exchange Regulation, as in force, releases the voting results of the Extraordinary General Meeting of Shareholders of December 23, 2014: Share Capital/


Total Shares Own Shares Total Number of Voting Rights Number of Represented Shareholders 490,150,389 1,369,951 488,780,438 685

Participation Voting % of Valid Votes

% of the Share


No AGENDA ITEM Valid Votes

Granting by the General Shareholders' Meeting special permission, pursuant to article 23a of C.L.2190/1920, for entering into the separate agreements ("Service Arrangements") between OTE S.A. and OTE Group companies on the one hand and

Capital In Favour Against Abstain In Favour Against Abstain 1 Deutsche Telecom AG (DTAG) and Telekom Deutschland GmbH (TD GmbH) on the other hand for the rendering for year 2015 of specific services within the framework

of the approved "Framework Cooperation and Service Agreement"/ Assignment of
355,719,041 72.57% 355,623,682 30,000 65,359 99.97% 0.01% 0.02%

relevant powers.

Approval of the amendment of an Executive Board member's Agreement, pursuant
to article 23a of C.L.2190/1920 355,719,041 72.57% 291,187,040 56,478,783 8,053,218 81.86% 15.88% 2.26%

Amendment/addition of Shareholders' General Meeting decision on the blocking of an amount, from the Company's taxed reserved funds, for the coverage of own

3 participation in the ESPA Program "Reinforcement of Enterprises for implementing

Investment Plans for the growth-provision of innovative products and added value
355,719,041 72.57% 355,653,682 0 65,359 99.98% 0.00% 0.02%

services (ICT4Growth)".

4 Miscellaneous announcements. NO SUCH ITEM WAS SUBMITTED FOR VOTING


Notes:

Quorum required for Subjects 1-3 : 20% of the Share Capital

Required majority for Subjects 1-3 : 50%+1 of Valid Votes

About OTE

OTE Group is Greece's leading telecommunications organization and one of the pre-eminent players in Southeastern Europe, providing top-quality products and services to its customers.

Consisting of the parent company OTE S.A. and its subsidiaries, the Group offers fixed-line (voice, broadband, data and leased lines) TV and mobile telephony services in Greece and Romania, as well as mobile telephony services in Albania. The Group is also involved in a range of activities in Greece, notably in real-estate and professional training.

OTE is listed on the Athens Stock Exchange and the London Stock Exchange. Following OTE's delisting from the NYSE, OTE's ADSs (American Depositary Shares) trade in the OTC (Over the Counter) market under the ticker HLTOY through the Level I ADSs program.

Additional Information is also available on https://www.ote.gr.

Contacts:

OTE:

Evrikos Sarsentis - Head of OTE Group Mergers, Acquisitions and Investor Relations

Tel: +30 210 611 1574, Email: esarsentis@ote.gr

Maria Kountouri - Assistant to the Head of OTE Group Mergers, Acquisitions and Investor Relations

Tel: +30 210 611 5381, Email: mkountouri@ote.grKostas Maselis - Deputy Director, Investor Relations Tel: + 30 210 611 7593, Email: kmaselis@ote.gr

Sofia Ziavra - Senior Financial Analyst, Investor Relations

Tel: + 30 210 611 8190, Email: sziavra@ote.gr

Christina Hadjigeorgiou, - Senior Financial Analyst, Investor Relations

Tel: + 30 210 611 1428, Email: cchatzigeo@ote.gr

Eleni Agoglossaki - Communications & Regulatory Affairs Officer, OTE Group Mergers, Acquisitions and Investor Relations

Tel: +30 210 611 7880, Email: eagoglossak@ote.gr

Manousos Apostolakis - Communications & Regulatory Affairs Officer, OTE Group Mergers, Acquisitions and Investor Relations

Tel: +30 210 611 6418, Email: mapostolakis@ote.gr


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