OTE Press Release

ANNOUNCEMENT

REVISION OF FINANCIAL CALENDAR 2015

Athens, March 19, 2015 - The Hellenic Telecommunications Organization SA (OTE SA or Company), announces the amendment of its Financial Calendar for 2015 which the Company has announced in accordance with paragraphs 4.1.2.1.(b) and 4.1.4.3.1 of the Athens Stock Exchange Regulation, regarding the date on which the Ordinary General Meeting of Shareholders will be held, as follows:

1. The Annual Company and Consolidated Financial Statements for the fiscal year 2014, prepared in accordance with the I.F.R.S, together with the table with the financial data and information deriving from said Financial Statements, will be released on Thursday, February
26, 2015 on the Company's website (https://www.ote.gr/web/guest/corporate/ir) and on the website of the Athens Stock Exchange and will appear on the press on the day following
their release.
2. The briefing of analysts in relation with the full year 2014 financial results will take place on
Thursday, February 26, 2015.
3. The Ordinary General Μeeting of the Company's Shareholders will take place on Friday, June
12, 2015 at OTE S.A. headquarters, 99 Kifisias Av., Marousi, Athens.
4. Thursday, June 25, 2015 will be the ex-dividend date. On that date, at the stock exchange session the Company shares will be traded without the right to receive dividend for the year
2014. The ex-dividend date follows the expiry of the June series derivatives related to OTE, and to indices of which the OTE share is a component.
5. Beneficiaries of said dividend are the Company Shareholders registered with the records of the Dematerialised Securities System of the Company "HELLENIC EXCHANGES S.A. HOLDING, CLEARING, SETTLEMENT & REGISTRY (HELEX)" on Friday June 26, 2015 (Record Date).
6. Dividend payment will start on Thursday, July 2, 2015.
It is noted that: (i) the Company retains the right to alter the above dates after duly advising the investing public of the amendment hereof and (ii) the Ordinary General Meeting of the Company's Shareholders is entitled to resolve differently on the above matters as per the relevant legislation in force and the Stock Exchange Regulations.

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, ICT services 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:

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

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

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

Maria Delenika - Communications & Regulatory Affairs Officer, OTE Group Mergers, Acquisitions and Investor Relations

Tel: +30 210 617 7981, Email: mdelenika@cosmote.gr

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