Vienna, 28 November 2014

Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that the share capital of Telekom Austria Aktiengesellschaft (the "Company") was increased from EUR 966,183,000 to EUR 1,449,274,500 due to the capital increase, which was registered in the commercial register on 27 November 2014. Simultaneously, the number of bearer shares was increased from 443,000,000 to 664,500,000 bearer shares.

As of the end of November 2014 the total voting rights amount to 664,500,000. The change to the number of voting rights in the amount of 221,500,000 has been effective since 27 November 2014.

At the time of this announcement the company continues to hold 415,159 treasury shares without entitlements to vote.

For further information please see Capital Increase.

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