Press Release

O2 IS ANALYSING OPTIONS FOR SEPARATION OF THE FIXED TELECOMMUNICATION INFRASTRUCTURE 14 August 2014

O2 Czech Republic is considering and analysing options for separation of the fixed telecommunication infrastructure into a separate entity that would be providing wholesale services for other telecommunication companies on the market. The Czech Telecommunications Office has been informed about the intention.

O2 Czech Republic will make the decision whether to continue pursuing the project only after the completion of the analysis.

Contacts

Investor Relations

O2 Czech Republic a.s.

in ves tor _re lat ions @o2 .c z

t +420 271462076 About O2 Czech Republic

O2 Czech Republic is the largest integrated telecommunications provider in the Czech market. At present the Company operates close to eight million mobile and fixed accesses, which places it among the market leaders in fully converged services in Europe. To the users of mobile services in the Czech Republic O2 offers state-of-the-art HSPA+ and LTE technology. O2 has the most comprehensive proposition of voice and data services in the Czech Republic, and actively exploits the growth potential of its various business lines, especially ICT. O2 data centres, with total floor area of 7,300 square metres, rank O2 among the leaders in hosting, cloud and managed services. O2 data centres are the only centres in the Czech Republic and in Central Europe with TIER III certification. With the O2 TV the Company is also the largest IPTV service provider in the Czech Republic. The Company is present on the mobile market in Slovakia ince 2007, through its 100% subsidiary O2 Slovakia. In January 2014, O2 Czech Republic became a member of the Czech investment group PPF.

About PPF Group

PPF Group invests into multiple market segments such as banking and financial services, insurance, real estate, energy, metal mining, agriculture, retail and biotechnology. PPF's reach spans from Central and Eastern Europe to Russia and across Asia. PPF Group owns assets of EUR 22.113 billion (as at 30 June 2013).

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