Press release

Press Release

O2 RECEIVED A REQUEST TO PROVIDE FINANCIAL ASSISTANCE 14 October 2014

On 13 October 2014, O2 Czech Republic a.s. received a request from the majority shareholder, PPF Arena 2 B.V. to provide financial assistance in the form of a loan, for the primary purpose of partial repayment of the acquisition bank loan, which PPF Arena 2 B.V. utilized for the acquisition of the majority stake in O2 Czech Republic a.s.

PPF Arena 2 B.V. requests a loan up to CZK 24.8 billion, repayment in 7 years and interest to be paid together with the principal on the maturity date. Since O2 Czech Republic a.s.

does not have available sufficient resources to provide the financial assistance, it is assumed that the provision of the financial assistance will be subject to obtaining the resources from external sources.

The Board of Directors of O2 Czech Republic a.s. has discussed the request and decided to conduct an analysis and prepare the steps necessary for the approval of the financial assistance in compliance with the law.

Contacts

Investor Relations

O2 Czech Republic a.s.

in ves tor_r e 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).

O2 Czech Republic a.s. Za Brumlovkou 266/2

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