euro adhoc: Telekom Austria AG / Board of Directors (Appointments and Changes) / Telekom Austria Group Appoints Hannes Ametsreiter as Head of its Fixed Net Operations, Hans Tschuden Appointed as Vice

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Company Information

16.12.2008

Vienna, December 16, 2008: The Telekom Austria Group (VSE: TKA, OTC
US: TKAGY) today announced that the Supervisory Board of Telekom
Austria AG has appointed Hannes Ametsreiter as Head of the Fixed Net
segment of the Telekom Austria Group for a term of five years
starting from January 1, 2009. Hannes Ametsreiter has also been
appointed as CEO of Telekom Austria TA AG, the Fixed Net subsidiary,
while maintaining his position as Chief Marketing Officer of mobilkom
austria, the domestic mobile subsidiary. Furthermore, the Supervisory
Board appointed Hans Tschuden, the Chief Financial Officer as Vice
Chairman of the Management Board of the Telekom Austria Group.

Peter Michaelis, Chairman of the Supervisory Board, said: "Hannes
Ametsreiter is one of the most renowned experts of the Austrian and
European telecommunication industry. His experience and the evident
success as Chief Marketing Officer of mobilkom austria and since 2007
as Chief Marketing Officer of the Fixed Net segment uniquely
qualifies him for this position. His appointment guarantees a
coordinated management of all marketing and sales activities
throughout the domestic Fixed Net and Mobile Communication business.
I also would like to thank Boris Nemsic who has headed the Fixed Net
segment in the interim for promoting its further development."

Boris Nemsic, CEO of the Telekom Austria Group added: "The new
management team meets all the prerequisites to bring about a
turnaround in the Fixed Net segment. The combined role of Hannes
Ametsreiter as CEO of the Fixed Net segment and CMO of mobilkom
austria maximizes the leverage potential on the Austrian market."

"The ongoing restructuring measures and our strengthened market
approach demonstrate our commitment to reversing the trend in the
Fixed Net segment. Based on our unique position in fixed net and
mobile communication we are able to succeed on both markets. The
positive development over the last year proves that we are on the
right track," said Hannes Ametsreiter, the newly appointed Head of
the Fixed Net operations of the Telekom Austria Group.

Hannes Ametsreiter started his career at Procter & Gamble as
international brand assistant manager. In 1996 he joined mobilkom
austria and since then he has held several management positions in
the marketing and product/communications departments. In 2001 he
became Chief Marketing Officer of mobilkom austria. Hannes
Ametsreiter was Chief Marketing Officer at Mobiltel in Bulgaria from
July 2005 to July 2006. In 2007 he was appointed as Chief Marketing
Officer of the Fixed Net operations in addition to his CMO position
in the domestic mobile operations.

end of announcement euro adhoc
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ots Originaltext: Telekom Austria AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Barbara Plößnig

Investor Relations

Telekom Austria Group

Tel.: +43 (0) 59059 1-19003

mailto:barbara.ploessnig@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 555750
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing